Pearle Vision vs Radiance Medspa Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Pearle Vision vs Radiance Medspa including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Pearle Vision Franchise	Radiance Medspa Franchise
Investment	$77,695 - $644,264	$269,300 - $533,300
Franchise Fee	$30,000	$80,000
Royalty Fee	7%	4%
Advertising Fee	8%	-
Year Founded	1961	2004
Year Franchised	1980	2004
Term Of Agreement	10 years (co-terminus w/lease)	10 years
Term Of Agreement	10 years (co-terminus w/lease)	10 years
Renewal Fee	$2.5K	50% of current fee
Business Experience Requirements
	Pearle Vision Franchise	Radiance Medspa Franchise
Experience	Industry experience General business experience Industry experience not always necessary; depends on business acumen and financial condition	-
Financing Options
	Pearle Vision Franchise	Radiance Medspa Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	No/No
Start-up Costs	No/Yes	No/Yes
Equipment	No/Yes	No/Yes
Inventory	Yes/No	No/Yes
Receivables	No/Yes	No/Yes
Payroll	No/Yes	No/Yes
Training & Support
	Pearle Vision Franchise	Radiance Medspa Franchise
Training	On-The-Job Training: 86 hours Classroom Training: 32 hours Additional Training: Webinars	-
Support	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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app	-
Operations	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)	-
Expansion Plans
	Pearle Vision Franchise	Radiance Medspa Franchise
US Expansion	Yes	-
Canada Expansion	No	No
International Expansion	No	No

Company Overviews

About Pearle Vision

Pearle Vision is one of the largest brands in the optical industry, with hundreds of eye care centers in the United States and Canada. We were founded in 1961 by Dr. Stanley Pearle, a visionary optometrist who brought doctors and opticians together under one roof so patients could receive a convenient, holistic, eye care experience. Today, our mission is to provide more patients, and more communities, with genuine eye care by partnering with optometrists, opticians and investors who share our passion for genuine eye care.

Veteran Incentives  20% off franchise fee

About Radiance Medspa

NO LONGER FRANCHISING

Radiance Medspa offers a remarkable "All in One" practice for the greater part of your individual needs, to help you feel and look your absolute best with far reaching administrations to upgrade the entire you. We offer redid weight administration projects, and cutting edge, best tasteful medications. We work to present you taking care of business.

Entertain yourself at our dynamic skin and weight administration Medspa to restore your magnificence. Radiance Medspa offers outstanding therapeutic aptitude in an upscale, calming spa-like environment. Our best in class non-surgical appearance upgrade advancements mean our methodology are performed securely, serenely, and adequately.

We at Radiance Medspa trust that wonderful looking skin requires an on-going duty - on our part and also yours. Our lone concentration is on giving you comes about arranged tasteful administrations. Our expert, authorized staff will instruct and acquaint you with best in class improvements and execute clinically-demonstrated non-surgical advancements to meet your objective of sound, dynamic looking skin and body.

All medicines are performed by our gifted and experienced staff of human services experts and clinicians under the supervision of Dr. John V. Belmonte, Jr.

We offer advantageous hours to fit your timetable and spa solaces to restore your faculties, unwind your body, and empower you to love the way you look.