My Eyelab vs Structural Elements Franchise Comparison

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

Start-Up Costs and Fees

 
My Eyelab Franchise
Structural Elements Franchise
Investment $407,477 - $585,543$190,250 - $638,900
Franchise Fee $34,900$45,000
Royalty Fee 4%8%
Advertising Fee 8%1%
Year Founded 2015-
Year Franchised 2015-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
My Eyelab Franchise
Structural Elements Franchise
Experience --

Financing Options

 
My Eyelab Franchise
Structural Elements Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
My Eyelab Franchise
Structural Elements 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

 
My Eyelab Franchise
Structural Elements Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.


About Structural Elements

As a Franchisee of Structural Elements you will have the opportunity to build your own business with the added support of our brand, approach, business model and business coaching. We believe in this model and have a desire to bring wellness to more people in more communities across the country. As we partner to achieve your goals as business owner and our goals to build and spread our brand, our relationship is a crucial key to everyone’s success. As we build our franchise partner community, we will strive to keep it collaborative, while keeping the integrity of the brand and approach in the forefront.
Structural Elements has the right fit for your orthopedic wellness clinic. With a scalable practice size and the option to create a stand-alone clinic or build within another business, you have flexibility to create the clinic you have always envisioned. As a franchisee with Structural Elements®, you will receive:orthopedic wellness clinic

As a franchisee of Structural Elements you will receive:

Comprehensive Training

Every franchisee attends Structural Elements® start-up training in Hagerstown, MD. With over a decade of experience, our expert instructors will cover every aspect of owning, managing, and building a Structural Elements® business. Executed over two weeks at our headquarters, you will spend time in the classroom and in a Structural Elements® clinic, with real-world, on the job training.

Site selection and Build-Out

Selecting the right site and managing the build-out is critical to the success of your business. We will help you navigate each step of finding and building out your clinic in your exclusive territory.

Distinctive Design

Classic and modern, our interiors combine the best of traditional practices with a new, vibrant environment that is designed to give all locations a “spa-like” feel.

Ongoing Expert Access

Our franchisees have direct access to experts who can help you manage and operate your Structural Elements® franchise

Group Buying Power

As a Structural Elements® franchisee, you’ll enjoy the savings provided by our group buying power. We continually research products and services to identify vendors that would benefit our system and our patients.

You will also receive:


The Regional Developer develops, owns and operates multiple clinics within their respective territory. Each of these clinics is under agreement with a Clinic Franchisee, who owns and operates a physical clinic. Our Regional Develper agreement works well with developers who are seeking ownership of multiple clinics on a higher level. The Clinic Franchise establishes, owns and operates a physical, franchised clinic within a Regional Developer’s territory. Clinic Franchise owners lease prepared clinic rooms to Micro Franchisees - Clinic Franchises can also be Micro Franchisees. If you are looking to be more involved in the operations of a single clinic, our Clinic Franchise agreement offers the perfect opportunity. The Micro Franchise, a licensed therapist who can be a chiropractor, physical therapist, acupuncturist, osteopath physician or a massage therapist and has also been trained in the (se)® method, provides services to patients. If you are a wellness professional, our Micro Franchise agreement is a great place to start your (se)® journey.


The Area Representative, also known as the Master Therapist, is a Micro Franchisee that is responsible for sourcing and training other Micro Franchisees in the (se)® methods and maintaining quality standards within an entire region. Our Area Representative agreement offers the chance to share your knowledge of (se)® with other therapists who are seeking the future of wellness. (se)® is proud to participate in the International Franchise Association’s VetFran program and offers qualified veterans a 10% discount off of the Initial Franchise Fee. We may require that candidates comply with certain terms and conditions to qualify for the discount. *Based on respective 2019 Franchise Disclosure Documents (FDDs).