American Family Care vs Vision Source Franchise Comparison

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

Start-Up Costs and Fees

 
American Family Care Franchise
Vision Source Franchise
Investment $114,500 - $1,441,500$500 - $33,300
Franchise Fee $60,000N/A
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 19822003
Year Franchised 19852003
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
American Family Care Franchise
Vision Source Franchise
Experience *A motivated, self-starter *Totally focused and 100% committed to the business *A people person *Communicative – they reach out and ask for advice *Understands and executes marketing *Follows the system *Supportive of other franchisees – team player *Passion for helping others *Have family and friends that support their business-

Financing Options

 
American Family Care Franchise
Vision Source Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
American Family Care Franchise
Vision Source Franchise
Training American Family Care will provide a multi-day detailed training session prior to the time of your opening plus on-site assistance as you initiate operations. There is no additional charge for this training service but you must pay any travel and living expenses while attending the training at our offices. On-The-Job Training: 86 hours Classroom Training: 24 hours Additional Training: At master locations -
Support We will continue to provide ongoing support services to you by phone, email, and periodic on-site visits to your location. We will also provide you with access to our online support website. Plus, we regularly update our operations manual with new procedures and other information designed to improve operations for all franchisees. There is support and training available for your operations, medical, marketing and other personnel. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform-
Marketing Co-op Advertising Ad Templates National Media Social media Loyalty program/app-
Operations Absentee Ownership Allowed Number of Employees Required to Run: 8 -

Expansion Plans

 
American Family Care Franchise
Vision Source Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About American Family Care

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The first American Family Care Clinic (AFC) was opened in 1982 by D. Bruce Irwin, M.D. Since then, our model of “putting the patient first” and providing an alternative, non-emergency room option for urgent care has made us an industry leader and a patient favorite at our clinics throughout the country. All AFC centers provide access to primary care, urgent care, minor emergency treatment, and occupational medicine.The demand for comprehensive and convenient health care services increases every year.
People want and need access to health care on their terms - without endless waiting in hospital emergency rooms or staggering bills.
Healthcare franchises have rapidly become a popular alternative to traditional means of seeking urgent care and primary care medical services. The United States public health care system is increasingly strained by factors such as a rapidly aging population, the rising costs of insurance, and an increasing percentage of the population without adequate health insurance or convenient access to medical care. Private healthcare franchises address these issues by creating an affordable and convenient healthcare option which patients can turn to without an appointment, a long wait, an unaffordable bill, or a lengthy commute.

The total initial investment necessary to begin operation of a franchised business (in which you are not converting an existing urgent care business), ranges from $1,008,000 - $1,441,500. This includes $190,000 - $210,000 that must be paid to the franchisor or its affiliates.
If you are converting an existing urgent care facility to be an American Family Care center that you will manage, the total initial investment necessary to begin operation of a franchised business ranges from $114,500 - $480,500. This includes $45,000 that must be paid to the franchisor or affiliate. If you sign an Area Development Agreement to develop a certain number of franchised businesses, you must pay the franchisor a development fee of $60,000 for your first franchise and a non-refundable deposit of $10,000 for each additional franchise to be developed. The number of units for an Area Development Agreement will be negotiated between the parties but will be no less than 2. The initial franchise fee for subsequent franchises under the Area Development Agreement is $45,000.

Seeking new franchise units throughout the U.S.,  Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America and Western Europe 

#82 in Franchise 500 for 2021.  Not on Franchise 500 for 2020




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.