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Below is an in-depth analysis and side-by-side comparison of Interim Healthcare vs Pearle Vision including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,500 - $198,500 | $77,695 - $644,264 |
Franchise Fee | $50,000 | $30,000 |
Royalty Fee | 3.5% - 5.5% | 7% |
Advertising Fee | 0.5% | 8% |
Year Founded | 1966 | 1961 |
Year Franchised | 1966 | 1980 |
Term Of Agreement | 10 years | 10 years (co-terminus w/lease) |
Term Of Agreement | 10 years | 10 years (co-terminus w/lease) |
Renewal Fee | - | $2.5K |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | Yes/No |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Regional training | On-The-Job Training: 86 hours Classroom Training: 32 hours Additional Training: Webinars |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed. |
55% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Founded in 1966, Interim HealthCare is the nation's first and finest healthcare franchise organization. Through a comprehensive network of more than 300 independently owned franchise offices, Interim HealthCare franchisees are the largest combined provider of community-based home care, health care staffing and hospice services. Interim HealthCare is unique in combining the commitment of local ownership with the support of a national organization that develops innovative programs and quality standards that improve the delivery of service through franchisees that employ thousands of health care workers who serve 50,000 people each day.