Startup Costs

Start An Eye Care Business

Startup Costs

Wondering how much it costs to start an eye care business?

  • The minimum startup costs for an eye care business: $1,701
  • The maximum startup costs for an eye care business: $37,915
  • The average startup costs for an eye care business: $19,808

Here's a detailed list of an eye care business startup costs:

Retail Business Expenses

If you plan to have a brick & mortar location for your eye care business, you must weigh the costs of your rent, as it may be the most expensive part of running your business.

Rent costs for your eye care business very much depends on your location. This cost will vary by both region and specific areas of town: a lease in the heart of Manhattan could cost over $80,000/month in rent. Meanwhile, a storefront lease in Florida or Tennessee could cost less than $1,000/month.

Cost Min Startup Costs Max Startup Costs
Shop Decor $0 $5,000
Utilities (storefront business) $0 $1,000
POS System $0 $1,200

Business Formation Fees

There are a few key costs associated with forming your business entity, such as setting up an LLC and getting trademarks, copyrights, and patents sorted.

Cost Min Startup Costs Max Startup Costs
Small Business Insurance $500 $2,000
Permit and License Fees $50 $700
Set up business: LLC & Corporations $50 $500

Software Expenses

Your eye care business needs software to run efficiently!

Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.

Cost Min Startup Costs Max Startup Costs
Email marketing tool $0 $100
Accounting & Invoicing Software $0 $50
Social Media Management Tools $0 $50

Office Space Expenses

It will be your call to determine if you need office space. It is not a requirement but may be necessary as your eye care business grows.

Cost Min Startup Costs Max Startup Costs
Rent ➜ $500 $5,750
Utility Costs For Office Space ➜ $200 $1,150

Equipment & Supply Expenses

Starting an eye care business may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.

Cost Min Startup Costs Max Startup Costs
Cleaning Supplies ➜ $63 $200

Inventory Expenses

If you sell a physical good, you'll likely have to start with some inventory.

Cost Min Startup Costs Max Startup Costs
Upfront Costs For Inventory $300 $5,000

Vehicle Expenses

Cost Min Startup Costs Max Startup Costs
Mode of Transporation $0 $10,000

Training & Education Expenses

Cost Min Startup Costs Max Startup Costs
Online Learning Sites $0 $1,000

Other Expenses

Cost Min Startup Costs Max Startup Costs
Travel $0 $1,500
Credit Card Processing Fees $0 $300
Time! $0 $500

Advertising & Marketing Costs

Cost Min Startup Costs Max Startup Costs
Business Cards $0 $50
Direct Campaigns, Printing and Mailing $0 $300
Press $0 $500
Facebook & Instagram Ads $0 $350

Website Costs

Every business should have a website, and it's worth spending a bit of money to set it up right.

Cost Min Startup Costs Max Startup Costs
A Domain Name ➜ $12 $200
Business Email Hosting Service ➜ $1 $15

Food Business Expenses

Cost Min Startup Costs Max Startup Costs
Initial Ingredients $25 $500