Pearle Vision vs ANY LAB TEST NOW Franchise Comparison

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

Start-Up Costs and Fees
	Pearle Vision Franchise	ANY LAB TEST NOW Franchise
Investment	$77,695 - $644,264	$133,600 - $214,600
Franchise Fee	$30,000	$40,000
Royalty Fee	7%	8%
Advertising Fee	8%	-
Year Founded	1961	1992
Year Franchised	1980	2007
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
	Pearle Vision Franchise	ANY LAB TEST NOW Franchise
Experience	Industry experience General business experience Industry experience not always necessary; depends on business acumen and financial condition	-
Financing Options
	Pearle Vision Franchise	ANY LAB TEST NOW Franchise
	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
	Pearle Vision Franchise	ANY LAB TEST NOW Franchise
Training	On-The-Job Training: 86 hours Classroom Training: 32 hours Additional Training: Webinars	Classroom Training: 40 hours
Support	Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform	Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line 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	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
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)	Number of Employees Required to Run: 2
Expansion Plans
	Pearle Vision Franchise	ANY LAB TEST NOW Franchise
US Expansion	Yes	Yes
Canada Expansion	No	-
International Expansion	No	-

Company Overviews

About Pearle Vision

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

About ANY LAB TEST NOW

ANY LAB TEST NOW gives consumers the power to be informed about their health in a safe, clean, friendly retail environment.
 * No Appointment Necessary
 * No Doctor's Order Required
 * 6 Days a Week
 * 24-hour results
 * 100's of Tests Available
 The Right Company At The Right Time.
The landscape of Healthcare in America is rapidly shifting. Thanks to direct-to-consumer pharmaceutical advertising and websites like webMD, today's consumers are more informed than ever before.
They don't just want information - they're demanding it.

Veteran Incentives  10% off franchise fee

#465 in Franchise 500 for 2020.