Passport Health vs Vision Source Franchise Comparison

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

Start-Up Costs and Fees
 
Passport Health Franchise
Vision Source Franchise
Investment $29,500 - $69,500$500 - $33,300
Franchise Fee $25,000N/A
Royalty Fee 7-5%-
Advertising Fee --
Year Founded 19952003
Year Franchised 19972003
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $3K-


Business Experience Requirements
 
Passport Health Franchise
Vision Source Franchise
Experience
  • Good business sense & diligence in following company guidance
    		• -

    Financing Options
     
    Passport Health Franchise
    Vision Source Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Passport Health Franchise
    Vision Source Franchise
    Training --
    Support Newsletter, Meetings, Field operations/evaluations-
    Marketing --
    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)

    		-

    Expansion Plans
     
    Passport Health Franchise
    Vision Source Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    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 Vision Source

    "Vision
    Founded in 1991, Vision Source® is a family of over 3,200 locally owned practices and more than 4,600 doctors collaborating to provide quality professional eye care and to support the long-term success of independent optometry. Vision Source clinicians treat an estimated 16 million patients every year.

    The total investment necessary to begin operation of a new Vision Source® office ranges from $85,000 to $333,300. The total investment necessary to convert an existing optometry office to operation under a Vision Source® franchise agreement ranges from $500 to $35,200. None of these amounts must be paid to the franchisor. If you elect, in your sole discretion, to purchase products from an affiliate of franchisor, the purchase price for those products will be paid to the affiliate of franchisor.