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Pearle Vision

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1981
  • Franchising Since 1981
  • 442 US Franchises
  • $679,760 - $1,268,624 Investment Range
  • $1,212,425 Average Gross Revenue
  • 7% Royalty Fee
  • $30,000 Franchise Fee
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Brand Description

Pearle Vision stands as a trusted leader in the eyecare industry, delivering comprehensive vision care services through a network of neighborhood eye care centers across North America. Since 1981, they have built their reputation on a patient-first philosophy that combines clinical expertise with genuine care for each individual who walks through their doors.

At the heart of Pearle Vision's success is their commitment to providing personalized, professional eye care services. Each location offers state-of-the-art technology for eye examinations, an extensive selection of designer frames, and expert guidance from licensed optometrists and trained vision care specialists. Their services include comprehensive eye exams, contact lens fittings, treatment of eye conditions, and a wide range of eyewear solutions to suit every style and budget.

What sets Pearle Vision apart is their neighborhood approach to vision care. Unlike traditional retail optical chains, Pearle Vision centers are designed to foster long-term relationships with patients, creating a comfortable, welcoming environment where customers feel valued and understood. They accept most major vision insurance plans and offer flexible payment options to ensure accessibility to quality eye care.

The brand's commitment to excellence is reflected in their '100% satisfaction guarantee' policy and their continuous investment in the latest optical technology and training. With over 50 years of industry experience and a strong focus on customer service, Pearle Vision has established itself as a premier destination for comprehensive eye care, combining medical expertise with a genuine commitment to helping people see and look their best.

DID YOU KNOW?

How much does it cost to start a franchise with Pearle Vision?

$679,760
$1,268,624
Did you know that opening your own Pearle Vision eyecare franchise - where you'll help customers see clearly while building a profitable business in the growing optical industry - requires a total investment between $679,760 and $1,268,624, which covers everything from the $30,000 franchise fee to equipment, inventory, build-out costs, and working capital needed to launch your optical center?
Financial Summary
Franchise Fee
$30,000
Investment Range
$679,760 - $1,268,624
Investment Midpoint
$974,192
Minimum Cash Required
$679,760
Royalty Fees
7%
Brand Fund
8%
Brand Bragging Rights
2022 Women's Choice Award Winner
43 years of proven franchise success since 1981
503 established franchise locations nationwide
Major insurance carrier partnerships including VSP, EyeMed, and UnitedHealthcare
EyeMed PLUS Provider network member
Independent optometry doctor relationships at franchise locations
Financial Analysis
Pearle Vision requires a substantial investment of $679,760 to $1,268,624, positioning it as a premium franchise opportunity in the Health & Wellness industry's eyecare subsector. This investment significantly exceeds the subsector averages of $354,872 to $734,373, reflecting the comprehensive nature of establishing a full-service optical retail location including specialized equipment, inventory, and build-out costs. The eyecare industry benefits from strong demographic fundamentals driven by an aging population requiring increased vision services and growing screen time across all age groups creating sustained demand. The franchise's 43-year operational history since 1981 and network of 503 units demonstrates substantial system maturity and market penetration, indicating proven operational frameworks and established supplier relationships. The reported gross revenue of $1,212,425 significantly exceeds subsector averages of $754,206, though investors should note this represents only three comparable franchises in the dataset. The business model requires significant operational expertise in healthcare retail, inventory management, and insurance processing across multiple vision plans including VSP, EyeMed, and UnitedHealthcare. Ideal investors should possess substantial liquid capital given the high investment threshold, preferably with healthcare or retail management experience. The franchise offers potential for market exclusivity in defined territories, though the complexity of optical retail operations and regulatory requirements in healthcare services demand experienced management.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Pearle Vision. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
Pearle Vision maintains a widespread presence across multiple states, demonstrating significant market penetration in the eyecare sector. The franchise shows notable concentration in the Northeast and Midwest, with strong presence in markets like Michigan, New York, New Jersey, Pennsylvania, and Illinois. This regional clustering suggests successful market adaptation and strong brand recognition in these areas.

Customer satisfaction metrics are impressive, with consistently high ratings across thousands of reviews, indicating reliable service quality across markets. Strong performance metrics for sample locations further support the brand's effective operational execution.

Ideal locations for Pearle Vision typically include shopping malls and retail centers in middle to upper-middle-income areas with strong healthcare infrastructure. The franchise shows particular success in densely populated urban and suburban markets with aging demographics and higher disposable income. Significant expansion opportunities exist in the Southeast and Western states, where the brand has room for growth.

Prospective franchisees should focus on locations with high visibility, strong foot traffic, and proximity to complementary healthcare services. Markets with higher concentrations of vision insurance coverage and aging populations present particularly attractive opportunities. Competition from both independent optometrists and other optical chains should be carefully evaluated in target markets.
Total US Locations503
Open Franchises442
Corporate Locations61
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Pearle Vision. Learn about the experience and expertise of the executive team guiding Pearle Vision's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Pearle Vision. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Pearle Vision's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Pearle Vision's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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