What does a My Eyelab Franchise Cost?
My Eyelab franchise fees for 2024:
Cash Investment: $200,000
Total Investment: $450,000-$550,000
Minimum Net Worth: $500,000
Franchise Fee: $34,900
Royalty: 4%
Ad: 8%
Average Number of Employees: 5-7
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, 10% off franchise fee ($3,490)
Is My Eyelab a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. My Eyelab is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is My Eyelab a Home Based franchise?
No. My Eyelab is not a home based franchise opportunity.
What Do My Eyelab Franchise Owners Make?
Click here to find out how much My Eyelab franchisees make. My Eyelab offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is My Eyelab a Master Franchise Opportunity?
No. My Eyelab is not a master franchise opportunity.
Does My Eyelab Offer a Veteran Discount?
Yes. My Eyelab franchise does offer a veteran discount.
Does My Eyelab Work with E2 Visa and EB-5 Visa Candidates?
Yes. My Eyelab franchise does work with E2 Visa and EB-5 Visa candidates.
Is My Eyelab Looking for Franchisees in Canada?
No. My Eyelab franchise is not looking for Canada franchisees.
Is My Eyelab Looking for International franchisees?
No. My Eyelab franchise is not looking for International franchisees.
Where can I see My Eyelab's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.