Pearle Vision Franchise
To buy a franchise with Pearle Vision, you'll need to have at least $50000 in liquid capital and a minimum net worth of $150000. Pearle Vision charges a franchise fee of $30000. They also offer a discount for veterans.
Franchisor Details
Total Units: 417
Year Founded: 1961
Franchising Since: 1981
Home Office: Mason, Ohio
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $50,000
Net Worth Required: $150,000
Total Investment: $399,439 – $603,904
Franchise Fee: $30,000
Royalty Type: 7% of retail fees
Vetern Discount: Yes
*Pearle Vision is currently accepting inquiries from the following locations: 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
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.
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.
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.
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.
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