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Below is an in-depth analysis and side-by-side comparison of Pearle Vision vs HealthSource Chiropractic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $77,695 - $644,264 | $28,516 - $374,028 |
Franchise Fee | $30,000 | $30,000 - $45,000 |
Royalty Fee | 7% | 7%-9% |
Advertising Fee | 8% | 2% |
Year Founded | 1961 | 1998 |
Year Franchised | 1980 | 2006 |
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 |
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Experience | - | |
Financing Options |
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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 |
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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)
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Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Our mission is to serve the public by providing exceptional service within our professional scope of practice, and to deliver chiropractic care as a complementary adjunct to other treating physicians and health care providers. We utilize research supported techniques and modalities in an evidenced based protocol for care. We take measure to stay current in research, practice related journals, and professional papers. It is our sincere desire to be a significant resource for you, your office, and your client base.