Pearle Vision Franchise

Established in 1961, Pearle Vision has been a leader in the eyecare industry, with a strong reputation for providing premium eyecare services. Franchising since 1980, Pearle Vision offers a trusted name and a proven business model to potential franchisees.

Franchise Facts

• Founded: 1961
• Franchising Since: 1980
• Headquarters: Mason, Ohio
• Number of Units: Approximately 570
• Industry: Retail Franchises

Franchise Description

Pearle Vision EyeCare centers dispense prescription eyeglasses, sunglasses, and contact lenses. Many locations also feature on-site finishing laboratories for quick and efficient eyewear production. In addition to eye care products, the centers offer optometric services through licensed optometrists or medical doctors and may participate in vision care plans such as EyeMed.

Training and Support

Pearle Vision provides comprehensive training that includes classroom instruction, practical experience in eye care centers, and extensive web-based training. New franchisees will attend a four-day intensive orientation program, complemented by e-learning modules and on-site training sessions to ensure preparedness for successful operations.

Exclusive Territories

Pearle Vision does not guarantee exclusive territories. Franchisees are permitted to operate only at the location specified in their license agreement and are restricted from soliciting orders outside of their designated eyecare center.

Obligations and Restrictions

Franchisees must be directly involved in the daily operations of the EyeCare center or appoint a designated operator. Compliance with all federal, state, and local laws, including those regulating the practice of optometry, is mandatory. Franchisees are also required to sell products and services specified by the franchisor, adhering to strict quality standards.

Franchise Agreement and Renewal

• Initial Term: 10 years
• Renewal: Potential for a five-year renewal term post initial period, conditional on compliance with the franchisor's terms and requirements.

Financial Assistance

Pearle Vision may offer financing options for initial inventory purchases and significant equipment investments, but typical site development and construction costs are not financed by the franchisor.

Initial Investment

The estimated initial investment for a new Pearle Vision EyeCare center ranges between $639,239 and $990,710. Key investment areas include construction, equipment, inventory, and advertising.

Ongoing Fees

• Royalty Fee: 7% of gross revenues
• Advertising Contribution: 8% of gross revenues
• Grand Opening Advertising: Minimum $15,000

Key Takeaways

• Established brand with a solid market presence in eyecare since 1961
• Comprehensive training and ongoing support to ensure franchisee success
• Potential for flexible financing options for initial inventory purchases

Interested in learning more about the Pearle Vision franchise opportunity? Fill out the free information request form on this page or download the Franchise Disclosure Document (FDD) today!