Pearle Vision vs Baxter International Franchise Comparison

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

Start-Up Costs and Fees

 
Pearle Vision Franchise
Baxter International Franchise
Investment $77,695 - $644,264$54,450 - $67,450
Franchise Fee $30,000$20,000
Royalty Fee 7%5%
Advertising Fee 8%-
Year Founded 1961-
Year Franchised 1980-
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
Baxter International Franchise
Experience
  • Industry experience
  • General business experience
  • Industry experience not always necessary; depends on business acumen and financial condition
  • -

    Financing Options

     
    Pearle Vision Franchise
    Baxter International Franchise
      In-House/3rd PartyIn-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
    Baxter International Franchise
    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)

    -

    Expansion Plans

     
    Pearle Vision Franchise
    Baxter International Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    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.



    About Baxter International

    Baxter gives an expansive arrangement of fundamental renal and clinic items, including home, intense and in-focus dialysis; clean IV arrangements; implantation frameworks and gadgets; parenteral sustenance; biosurgery items and sedatives; and drug store mechanization, programming and administrations. The organization's worldwide impression and the basic way of its items and administrations assume a key part in growing access to medicinal services in rising and created nations. Baxter's representatives worldwide are expanding upon the organization's rich legacy of therapeutic leaps forward to propel the up and coming era of social insurance developments that empower tolerant care.