FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
FranNet Verified BrandFranchise Costs
| Liquid Capital Required: | $50,000 - $100,000 |
| Net Worth Required: | $150,000 |
| Total Investment: | $399,439 - $603,904 |
| Franchise Fee: | $30,000 |
| Royalty Type: | 7% of retail fees |
Franchisee Options
| Financing: | Via 3rd party |
| Training: | Available |
| Veteran Discount: | Yes |
Franchisor Details
| Incorporated Name: | Luxottica Retail North America Inc. |
| Total Units: | 417 |
| Year Founded: | 1961 |
| Franchising Since: | 1981 |
| Home Office: | Mason, Ohio |
About Pearle Vision
One of the largest eye care franchise retailers in North America, Pearle Vision is also one of the most widely recognized as a premium service provider that offers mid- to high-end corrective lenses. Our organization is built around the neighborhood doctor, allowing local business owners to provide top-level eye care to their patients with the resources of the Pearle Vision brand. Franchise owners appreciate our comprehensive insurance partnerships, business coaching, and automatic inventory management, and patients love our quick, easy, full-service care.
Values & History
Pearle Vision is dedicated to serving our patients and our franchise owners. Our licensed practitioners provide the best care available, combining the features of a private practice with the power and support of a nationwide brand. Better back end systems mean more time for patients, a win for both doctors and patients. Pearle Vision remains committed to the doctor-patient relationship by providing continuous education and support that empowers doctors to change lives. We strive to be the affiliate of choice for passionate entrepreneurs who believe in the same values our founder Dr. Stanley Pearle had in 1961.
Industry Performance
Eyeglass and contact lens stores in the US accounted for $12 billion in total revenue over the 2019 year alone, with an average annual growth of 0.4% over the 2014-2019 period. The industry employs approximately 87,000 people across nearly 15,000 locations throughout the nation. With it's nationally recognized branding, efficient supply chain, and proven operating systems, Pearle Vision is poised for significant growth in the coming years.
Purchasing a Pearle Vision Franchise
Franchise ownership with Pearle Vision requires investors to have access to at least $50k in liquid capital, as well as a minimum net worth of $150k. Franchise fees totaling $30,000 are required. The total initial investment potential for this opportunity ranges from $399,439 to $603,904 for most investors. Financing options are available for qualified candidates.
Ideal Candidate & Qualifications
Anyone who shares our passion and commitment to expert care and quality services is encouraged to apply for franchise ownership. At Pearle Vision, we know that establishing long-lasting relationships under the promise of transparency and understanding makes the difference, and repeat service depends on delivering on our promise of exceptional care.
Training & Support
Pearle Vision has built its iconic brand by investing heavily in franchise partner success. Our locations are backed by an annual $35 million consumer marketing program that includes television advertising, local event planning, social media recognition, and a dedicated field marketing team to help franchisees build strategic relationships. Training and ongoing support for all new licensed owners are included, with online classes and in-store education that will prepare them for business ownership under the Pearle Vision brand.
FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Available In:
Pearle Vision is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming