My Eyelab Cost Comparisons
About My Eyelab
Founded in 2013, My Eyelab is one of the fastest
growing full-service teleconsulting and retail optical centers in the
nation. With the mission to provide quality eyeglasses and expert eye
care services, My Eyelab has become a leader in the eye health industry
by developing an accessible alternative to over-priced eye care
services.
My Eyelab utilizes teleconsulting to enhance efficiency for patients and
optometrists. This technology eliminates the need for an on-site
laboratory, thereby significantly reducing startup and operational costs
for franchisees.
My Eyelab has been consistently ranked by Vision Monday as along the largest retailers in the United States, most recently as the 18th largest optical retailer in the U.S.
My Eyelab is one of the fastest growing full-service teleconsulting and
retail optical centers in the nation. With the mission to provide
quality eyeglasses and expert eye care services, My Eyelab has become a
leader in the eye health industry by developing an accessible
alternative to over-priced eye care services.
The total investment necessary to begin operation of a single My
Eyelab® franchise ranges from $407,477 to $585,543. This includes
$221,027 - $271,393 that must be paid to the franchisor or their
affiliates for an initial franchise fee and for signage, furniture,
fixtures, and equipment.
If you enter into an Area Development Agreement
to develop multiple units, your initial investment will range from
$407,477 to $585,543 for each franchise unit that you commit to opening.
#343 in Franchise 500 for 2020.
#95 in Franchise 500 for 2021.
Below is a quick comparison of My Eyelab against other Medical/Optical/Dental/Chiropractic franchises and business opportunities. For an in depth comparison of My Eyelab with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
A.T.C. Healthcare Services |
$60,000-$135,000 |
|
|
$136,900-$597,700 |
American Family Care |
$60,000 |
6% |
1% |
$114,500-$1,441,500 |
ANY LAB TEST NOW |
$40,000 |
8% |
|
$133,600-$214,600 |
ATC |
$29,500 |
|
|
$95,000-$105,000 |
Baxter International |
$20,000 |
5% |
|
$54,450-$67,450 |
ChiroWay Centers |
$39,900 |
|
|
$63,000-$103,000 |
Connect Hearing |
$15,000 |
8% |
3% |
$35,000-$85,000 |
Dentist's Choice, The |
$45,000 |
5-3% |
|
$55,400-$59,500 |
Family Quick Care |
N/A |
|
|
$100,000-$250,000 |
Fastest Labs |
$49,500 |
7% |
|
$79,900-$114,150 |
Hands-On Diagnostic Center |
$30,000 |
|
|
$46,500-$59,800 |
HealthSource Chiropractic |
$30,000-$45,000 |
7%-9% |
2% |
$28,516-$374,028 |
Hemorrhoid Clinic, The |
$25,000 |
|
|
$140,000-$225,000 |
Interim Healthcare |
$50,000 |
3.5% - 5.5% |
0.5% |
$125,500-$198,500 |
Joint, The |
$39,900 |
7% |
2% |
$183,497-$378,697 |
Lice Clinics of America |
$42,000 |
$35/Treatment |
|
$68,000-$104,500 |
Macy's Vision Express |
$15,000 |
7% |
|
$350,000-$685,000 |
Maximized Living Health Centers |
$30,000 |
|
|
$167,600-$370,500 |
MEDIchair |
$50,000 |
5% of annual gross sales |
|
$350,000 |
Medstock |
$20,000 |
5% |
|
$54,450-$67,450 |
Miracle-Ear |
$30,000 |
$48.80/aid |
$75/aid |
$119,000-$352,500 |
Modern Acupuncture |
$39,500 |
7% |
2% |
$258,377-$666,772 |
Passport Health |
$25,000 |
7-5% |
|
$29,500-$69,500 |
Pearle Vision |
$30,000 |
7% |
8% |
$77,695-$644,264 |
Primary Dentist |
$29,997 |
6% |
6% |
$208,672-$479,172 |
Primary Pain Relief |
$29,997 |
6% min.$500/mo |
6% |
$152,772-$311,172 |
Radiance Medspa |
$80,000 |
4% |
|
$269,300-$533,300 |
RejuvaSpine |
N/A |
|
|
$259,000-$379,000 |
RX2LIVE |
$39,900 |
5% |
1.5% |
$125,000-$350,000 |
Smile Source |
N/A |
|
|
$27,800-$435,000 |
Sterling Optical |
$20,000 |
|
|
$32,840-$838,750 |
Structural Elements |
$45,000 |
8% |
1% |
$190,250-$638,900 |
Union Ergonomics |
$20,000 |
5% |
1% |
$200,000 |
Vision Source |
N/A |
|
|
$500-$33,300 |
Vital Dent |
$45,000-$60,000 |
5% |
|
$512,500-$797,000 |