|
Below is an in-depth analysis and side-by-side comparison of Pearle Vision vs RX2LIVE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $77,695 - $644,264 | $125,000 - $350,000 |
Franchise Fee | $30,000 | $39,900 |
Royalty Fee | 7% | 5% |
Advertising Fee | 8% | 1.5% |
Year Founded | 1961 | 2015 |
Year Franchised | 1980 | 2016 |
Term Of Agreement | 10 years (co-terminus w/lease) | - |
Term Of Agreement | 10 years (co-terminus w/lease) | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | Yes/No | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
RX2Live is the first company to franchise medical services, workplace wellness, and senior wellness systems on the same platform. We represent a $500 billion per year industry, which is significantly more than all fast-food restaurants combined. And health and wellness services are in high demand - 88 percent of the population wants some or all of the services offered. While the benefits of franchise ownership are many, owning an RX2Live franchise provides even more rewards. With an RX2Live franchise, you can
1. Change people’s lives by providing health and wellness products and services.
2. Change your own life by making your own decisions for your own best welfare.
3. Work your own hours.
4. Build your own dreams rather than someone else’s.
5. Develop leadership skills.
6. Generate a residual income.
7. Scale as large or as small as you want.
8. Start the business on a part-time basis.
9. Work from home without the need for full time staff.
10. Receive income from one or more revenue streams.
11. Create valuable business connections.
12. Leverage a proven system and a seasoned management team.
13. Reduce your risk by receiving business from national or regional accounts.
14. Double or triple the net income of your existing business without adding new employees, clients or patients.
15. Pass it on to your heirs or sell it.
16. Avoid start-up fees for most services.
17. Rely on low investment, low risk and low overhead.
18. Receive bonuses as you progress.
We have created a program that is generating an additional $20k- $70k a month in revenues for medical practices, chiropractors , & mental health professionals.No NEW patients , staff, or time required.