Pearle Vision vs RX2LIVE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Pearle Vision vs RX2LIVE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Pearle Vision Franchise
RX2LIVE Franchise
Investment $77,695 - $644,264$125,000 - $350,000
Franchise Fee $30,000$39,900
Royalty Fee 7%5%
Advertising Fee 8%1.5%
Year Founded 19612015
Year Franchised 19802016
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
RX2LIVE Franchise
Experience
  • Industry experience
  • General business experience
  • Industry experience not always necessary; depends on business acumen and financial condition
  • -

    Financing Options

     
    Pearle Vision Franchise
    RX2LIVE 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
    RX2LIVE 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
    RX2LIVE 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 RX2LIVE

    RX2Live is the first company to franchise medical services, workplace wellness, and senior wellness systems on the same platform. We represent a $500 billion per year industry, which is significantly more than all fast-food restaurants combined. And health and wellness services are in high demand - 88 percent of the population wants some or all of the services offered. While the benefits of franchise ownership are many, owning an RX2Live franchise provides even more rewards. With an RX2Live franchise, you can
    1. Change people’s lives by providing health and wellness products and services.
    2. Change your own life by making your own decisions for your own best welfare.
    3. Work your own hours.
    4. Build your own dreams rather than someone else’s.
    5. Develop leadership skills.
    6. Generate a residual income.
    7. Scale as large or as small as you want.
    8. Start the business on a part-time basis.
    9. Work from home without the need for full time staff.
    10. Receive income from one or more revenue streams.
    11. Create valuable business connections.
    12. Leverage a proven system and a seasoned management team.
    13. Reduce your risk by receiving business from national or regional accounts.
    14. Double or triple the net income of your existing business without adding new employees, clients or patients.
    15. Pass it on to your heirs or sell it.
    16. Avoid start-up fees for most services.
    17. Rely on low investment, low risk and low overhead.
    18. Receive bonuses as you progress.
    We have created a program that is generating an additional $20k- $70k a month in revenues for medical practices, chiropractors , & mental health professionals.No NEW patients , staff, or time required.