MEDIchair vs Vision Source Franchise Comparison

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

Start-Up Costs and Fees
 
MEDIchair Franchise
Vision Source Franchise
Investment $350,000$500 - $33,300
Franchise Fee $50,000N/A
Royalty Fee 5% of annual gross sales-
Advertising Fee --
Year Founded 19852003
Year Franchised -2003
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
MEDIchair Franchise
Vision Source Franchise
Experience --

Financing Options
 
MEDIchair Franchise
Vision Source Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
MEDIchair Franchise
Vision Source Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
MEDIchair Franchise
Vision Source Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About MEDIchair

MEDIchair, a LifeMark Health Management company, is North America's largest and fastest growing Home Medical Equipment (HME) franchise company with stores coast-to-coast across Canada. MEDIchair stores carry a comprehensive line of products including wheelchairs, scooters, lift chairs, bathroom safety products, home accessibility solutions and soft/disposable personal health care products such as incontinence supplies, wound care, compression and bracing. These specialty products are designed to enhance the quality of life for people experiencing disabilities, injuries, surgeries and aging. MEDIchair prides itself on providing caring, knowledgeable and highly trained consultants committed to finding the right home health care product solution for each customer.

About Vision Source

"Vision
Founded in 1991, Vision Source® is a family of over 3,200 locally owned practices and more than 4,600 doctors collaborating to provide quality professional eye care and to support the long-term success of independent optometry. Vision Source clinicians treat an estimated 16 million patients every year.

The total investment necessary to begin operation of a new Vision Source® office ranges from $85,000 to $333,300. The total investment necessary to convert an existing optometry office to operation under a Vision Source® franchise agreement ranges from $500 to $35,200. None of these amounts must be paid to the franchisor. If you elect, in your sole discretion, to purchase products from an affiliate of franchisor, the purchase price for those products will be paid to the affiliate of franchisor.