Union Ergonomics vs My Eyelab Franchise Comparison

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

Start-Up Costs and Fees
 
Union Ergonomics Franchise
My Eyelab Franchise
Investment $200,000$407,477 - $585,543
Franchise Fee $20,000$34,900
Royalty Fee 5%4%
Advertising Fee 1%8%
Year Founded 20072015
Year Franchised 20082015
Term Of Agreement 10 years + 10-
Term Of Agreement 10 years + 10-
Renewal Fee --


Business Experience Requirements
 
Union Ergonomics Franchise
My Eyelab Franchise
Experience --

Financing Options
 
Union Ergonomics Franchise
My Eyelab Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Union Ergonomics Franchise
My Eyelab Franchise
Training -My Eyelab provides an initial training program that covers material aspects of the operation of the My Eyelab store. This training is conducted whenever a new franchise is projected to open. This initial training is in addition to the on-site opening assistance. My Eyelab will not require training or certifications in addition to the initial training. My Eyelab will, however, provide additional, optional training on occasion. Up to four employees may attend the initial training program as part of the initial franchise fee. Daniel Stanton will oversee the training program. Mr. Stanton has thirteen (13) years of experience in this business. The My Eyelab training program is not routinely scheduled, but will be provided as needed. The initial training will occur at the corporate office in Palm Springs, Florida, or at one of our other South Florida affiliate stores. The initial training program must be completed to My Eyelab satisfaction prior to store opening.
Support --
Marketing --
Operations --

Expansion Plans
 
Union Ergonomics Franchise
My Eyelab Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Union Ergonomics

We at Union Ergonomics are dedicated to help union members work better. Currently union workers have to wait long before obtaining appointments due to popularity of our services and the fact that we are one of the few centers in Canada offering ergonomics services and supplies to workers. We would like to see Union Ergonomics in every corner of the world so all workers could have access to ergonomic services. As such we are franchising this unique concept at a very affordable franchise fee and royalty. We also provide financial assistance to qualified franchisees who need financial help in opening up a new Union Ergonomics location. Everyone; regardless of previous work experience may apply to be a franchisee of Union Ergonomics. You do not have to be a doctor, health professional or have any business background to be a franchisee of Union Ergonomics. You need to be a person dedicated to providing great services to workers. Full training and on-going support will be provided to all franchisees. The following countries have standard ergonomics health coverage for workers. They are the ideal territories to establish an Union Ergonomics franchise. Currently we only accept applications from these countries: Canada (all provinces), United States (all states), Australia, Britain, France, Italy, Netherlands, New Zealand, Bahamas, Sweden, Denmark, Norway, Finland, Germany, Austria, Japan, Singapore, Ireland, Belgium, Switzerland, Portugal, Greece, South Korea, South Africa, and Mexico.

About My Eyelab

Founded in 2013, My Eyelab is one of the fastest growing full-service teleconsulting and retail optical centers in the nation. With the mission to provide quality eyeglasses and expert eye care services, My Eyelab has become a leader in the eye health industry by developing an accessible alternative to over-priced eye care services.
My Eyelab utilizes teleconsulting to enhance efficiency for patients and optometrists. This technology eliminates the need for an on-site laboratory, thereby significantly reducing startup and operational costs for franchisees.
My Eyelab has been consistently ranked by Vision Monday as along the largest retailers in the United States, most recently as the 18th largest optical retailer in the U.S. My Eyelab is one of the fastest growing full-service teleconsulting and retail optical centers in the nation. With the mission to provide quality eyeglasses and expert eye care services, My Eyelab has become a leader in the eye health industry by developing an accessible alternative to over-priced eye care services.

The total investment necessary to begin operation of a single My Eyelab® franchise ranges from $407,477 to $585,543. This includes $221,027 - $271,393 that must be paid to the franchisor or their affiliates for an initial franchise fee and for signage, furniture, fixtures, and equipment.
If you enter into an Area Development Agreement to develop multiple units, your initial investment will range from $407,477 to $585,543 for each franchise unit that you commit to opening.

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#343 in Franchise 500 for 2020.
#95 in Franchise 500 for 2021.