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Franchise Investment

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Pearle Vision

Reference ID: 2256

US$ 400000

Franchise Investment

Introduction

Pearle Vision is one of the largest eye care franchise retailers in North America, built around the neighborhood doctor with a discernable focus on patient experience. Pearle Vision allows local business owners to provide genuine eye care to their patients with the support and resources of the Pearle Vision brand.

Franchise Description

- The optical industry generates revenues of over $40 billion
- Nearly $23 billion of the spending comes from prescription lenses and frames
- More than $6 billion comes from exams
- Aging population yields increased demand
- The larger millennial generation will provide a new base of patients
- Increasing number of employers are offering vision coverage for adults
- Sustainable consumer demand

Suitable Franchise Options for All Preferences
Traditional: Construct a new store
Ignite: Acquire an existing practice and convert it to a Pearle Vision
Area Development: Exclusive territory rights to open multiple stores


Type

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Retail

Origin

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United States

Since

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20+ years

Area

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1000-1500 500-1000 (Sq Ft)

Available Areas

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Worldwide

Operational Outlets

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525

Royalty fee

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7 %

Franchise Fee

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US$ 30,000