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| Brand | Happy Lemon Retail Remove | My Eyelab Retail Remove |
|---|---|---|
| Vitals | ||
Investment range | $298K – $587K | $300K – $601K |
Liquid capital | $20K – $80K | $30K – $45K |
Franchise fee | $30K | $35K |
Royalty rate | 7.0% | 4.0% |
Ad fund rate | 0.0% | 8.0% |
| Performance | ||
Avg gross sales | N/A | $1.0M |
Median gross sales | N/A | $932K |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 40 / 100 | 31 / 100 |
SBA charge-off rate | 0.0% | 14.3% |
SBA loans on record | 4 | 31 |
| Scale | ||
Total units | 115 | 142 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 8.7% | 2.1% |
| Contract | ||
Initial term (years) | 5 | 10 |
Renewal term (years) | 5 | 5 |
Initial training (hrs) | 143 | 101 |
| Contacts | ||
Franchisee phones | 88 | 21 |
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