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Updated RecentlyMacy's Vision Express vs Smile Source Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Macy's Vision Express vs Smile Source 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 | $27,800 - $435,000 |
| Franchise Fee | $15,000 | N/A |
| Royalty Fee | 7% | - |
| Advertising Fee | - | - |
| Year Founded | 1996 | 2006 |
| Year Franchised | 2002 | 2006 |
| 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 | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Macy's Vision Express
NO LONGER FRANCHISING
About Smile Source
!["Smile]("https://fddexchange.com/wp-content/uploads/2019/02/Smile-Source-300x47.png")
Smile Source is dedicated to preserving the elite business of
independent dentistry and providing highly personalized services
delivered through a unique heritage of shared expertise.
There is no initial franchise fee. The total investment necessary to
begin operation of a Smile Source franchise is $60,500 to $435,000 if
you open a new office and $27,800 to $86,200 if you convert an existing
office. None of this amount is paid to the franchisor or any affiliate.