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Updated RecentlyMacy's Vision Express vs Modern Acupuncture Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Macy's Vision Express vs Modern Acupuncture 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 | $258,377 - $666,772 |
| Franchise Fee | $15,000 | $39,500 |
| Royalty Fee | 7% | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 1996 | 2016 |
| Year Franchised | 2002 | 2016 |
| 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 Modern Acupuncture
!["modern]("https://fddexchange.com/wp-content/uploads/2021/01/modern-acupuncture-300x128.jpg")
Modern Acupuncture™ is transforming the alternative
medicine market and acupuncture industry. Offering an approachable,
natural pathway, validated by thousands of years of practice to better
health and well-being, Modern Acupuncture™ is the first franchise to
deliver the natural health and cosmetic benefits of acupuncture in a
retreat-like setting in highly accessible neighborhood locations across
the country.
#230 in Franchise 500 for 2021. Not in Franchise 500 for 2020.