My Eyelab Cost Comparisons

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.


Medical/Optical/Dental/Chiropractic Franchise Opportunities

Below is a quick comparison of My Eyelab against other Medical/Optical/Dental/Chiropractic franchises and business opportunities. For an in depth comparison of My Eyelab with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.

Franchise Franchise Fee Royalty Advertising Fee Development Costs
A.T.C. Healthcare Services $60,000-$135,000 $136,900-$597,700
American Family Care $60,000 6% 1% $114,500-$1,441,500
ANY LAB TEST NOW $40,000 8% $133,600-$214,600
ATC $29,500 $95,000-$105,000
Baxter International $20,000 5% $54,450-$67,450
ChiroWay Centers $39,900 $63,000-$103,000
Connect Hearing $15,000 8% 3% $35,000-$85,000
Dentist's Choice, The $45,000 5-3% $55,400-$59,500
Family Quick Care N/A $100,000-$250,000
Fastest Labs $49,500 7% $79,900-$114,150
Hands-On Diagnostic Center $30,000 $46,500-$59,800
HealthSource Chiropractic $30,000-$45,000 7%-9% 2% $28,516-$374,028
Hemorrhoid Clinic, The $25,000 $140,000-$225,000
Interim Healthcare $50,000 3.5% - 5.5% 0.5% $125,500-$198,500
Joint, The $39,900 7% 2% $183,497-$378,697
Lice Clinics of America $42,000 $35/Treatment $68,000-$104,500
Macy's Vision Express $15,000 7% $350,000-$685,000
Maximized Living Health Centers $30,000 $167,600-$370,500
MEDIchair $50,000 5% of annual gross sales $350,000
Medstock $20,000 5% $54,450-$67,450
Miracle-Ear $30,000 $48.80/aid $75/aid $119,000-$352,500
Modern Acupuncture $39,500 7% 2% $258,377-$666,772
Passport Health $25,000 7-5% $29,500-$69,500
Pearle Vision $30,000 7% 8% $77,695-$644,264
Primary Dentist $29,997 6% 6% $208,672-$479,172
Primary Pain Relief $29,997 6% min.$500/mo 6% $152,772-$311,172
Radiance Medspa $80,000 4% $269,300-$533,300
RejuvaSpine N/A $259,000-$379,000
RX2LIVE $39,900 5% 1.5% $125,000-$350,000
Smile Source N/A $27,800-$435,000
Sterling Optical $20,000 $32,840-$838,750
Structural Elements $45,000 8% 1% $190,250-$638,900
Union Ergonomics $20,000 5% 1% $200,000
Vision Source N/A $500-$33,300
Vital Dent $45,000-$60,000 5% $512,500-$797,000