Passport Health vs Pearle Vision Franchise Comparison

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

Start-Up Costs and Fees

 
Passport Health Franchise
Pearle Vision Franchise
Investment $29,500 - $69,500$77,695 - $644,264
Franchise Fee $25,000$30,000
Royalty Fee 7-5%7%
Advertising Fee -8%
Year Founded 19951961
Year Franchised 19971980
Term Of Agreement 10 years10 years (co-terminus w/lease)
Term Of Agreement 10 years10 years (co-terminus w/lease)
Renewal Fee $3K$2.5K


Business Experience Requirements

 
Passport Health Franchise
Pearle Vision Franchise
Experience
  • Good business sense & diligence in following company guidance

  • Industry experience
  • General business experience
  • Industry experience not always necessary; depends on business acumen and financial condition

  • Financing Options

     
    Passport Health Franchise
    Pearle Vision Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoYes/No
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Passport Health Franchise
    Pearle Vision Franchise
    Training -On-The-Job Training: 86 hours Classroom Training: 32 hours Additional Training: Webinars
    Support Newsletter, Meetings, Field operations/evaluationsNewsletter 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 1% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    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

     
    Passport Health Franchise
    Pearle Vision Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Passport Health

    Founded in 1995, Passport Health provides vaccinations, counseling and supplies to international travelers. Passport's low-cost services are offered through hospitals and stand-alone centers. Franchisees even make house calls.

    About Pearle Vision


    Pearle Vision: Optical franchise is focused on genuine eye care
    Optical franchise generates revenue while helping independent operators stay focused on patient care
    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
    "Entrepreneur
    #58 in Franchise 500 for 2020.
    #32 in Franchise 500 for 2021.