Most of our franchisees do not have a healthcare background. My Eyelab franchisees come from all walks of life and experiences, but they all have one thing in common– a dream of owning their own business and are passionate about seeing that dream become a reality.

The typical cost to open a My Eyelab franchise ranges from $299,858 to $601,197. That cost includes everything from equipment to real estate. 

Read more about investing in My Eyelab here.

At My Eyelab, we partner with BoeFly, a technology marketplace for small businesses, to help franchise owners efficiently source financing options. BoeFly also conducts diligence reports on first-time franchise owners and provides franchisees with financing support and guidance.

Small Business Administration (SBA) loans are another good option for first-time franchise owners. SBA loans are partially backed by the U.S. Small Business Administration and funded by their intermediary lending partners. It’s a federally operated program, and it offers the best interest rates on the market.

Learn more about our financing options here.

The optical industry is estimated at $40 billion and growing, so now’s the perfect time to invest. 

Here are just a few of the ways My Eyelab is designed to grow: 

• We make ordering, processing, and customer management easy with our system of integrated automation
• There’s no need for complex, expensive vision care equipment, which translates to reduced capital requirements for all franchisees 
• Each store has a small footprint, so new store opening costs remain reasonable 
• By offering an omnichannel experience to our customers, they can easily schedule appointments over the phone, online, or even in-store

Read more about why My Eyelab appeals to multi-unit owners here.

The technological advancements of telehealth have made eye exam experiences faster, affordable, convenient, and safe in all atmospheres. My Eyelab is leading the industry by creating an eye care retail future for its customers that aligns with safe, modern-day trends and provides its franchisee with a business model to survive any climate. Access to eye care is an essential service for millions of people, and My Eyelab is at the forefront to provide the best services possible for its patients and franchisees by making eye care easy.

Our telehealth technology is crucial to what makes My Eyelab recession-resistant. It’s been a key part of our business model since 2016, and it has helped our franchise grow even throughout the pandemic.