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Updated RecentlyMacy's Vision Express vs Connect Hearing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Macy's Vision Express vs Connect Hearing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $350,000 - $685,000 | $35,000 - $85,000 |
| Franchise Fee | $15,000 | $15,000 |
| Royalty Fee | 7% | 8% |
| Advertising Fee | - | 3% |
| Year Founded | 1996 | - |
| Year Franchised | 2002 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
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 | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | Monthly support | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About Macy's Vision Express
NO LONGER FRANCHISING
About Connect Hearing
Connect Hearing is the largest network of registered
audiologists and professional Hearing Instrument Practitioners in
Canada. At Connect Hearing, we believe that every sound connects us to our world.
Since 1978, in communities across the country, we’ve helped
more than 350,000 people stay connected to the sounds they enjoy most. We
offer a full spectrum of hearing testing and solutions to meet our
customers’ lifestyles and budgets. Our approach with our customers is
warm, professional and straightforward.