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Updated RecentlyPearle Vision vs ChiroWay Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Pearle Vision vs ChiroWay Centers 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 | $63,000 - $103,000 |
| Franchise Fee | $30,000 | $39,900 |
| Royalty Fee | 7% | - |
| Advertising Fee | 8% | - |
| Year Founded | 1961 | 2012 |
| Year Franchised | 1980 | 2012 |
| 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)
| - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#58 in Franchise 500 for 2020.
#32 in Franchise 500 for 2021.
About ChiroWay Centers
!["ChiroWay]("https://fddexchange.com/wp-content/uploads/2019/08/ChiroWay-Centers-300x89.png")
ChiroWay Centers is a Minnesota Franchise Company founded and formed on May 3, 2012
by Trent Scheidecker, DC. ChiroWay Centers sells franchises to qualified individuals
who must earn a Doctor of Chiropractic and be licensed to practice in
the state in which they wish to establish a franchise prior to opening a
franchise.
ChiroWay Centers sells franchises for the operation of Centers that offer
chiropractic care and services under the name “ChiroWay” to individuals
and families using monthly subscription and one-time visit payment
options.