Pearle Vision

The Pearle Vision franchise is an eye care business. The brand was established in 1961 by Dr. Stanley Pearle in Savannah, Ga. To create a comprehensive eye care destination, Pearl Vision brings optometrists and opticians together. This provides patients with the convenience of stopping in for an eye exam and then consulting with an optician to select frames and lenses. Since its inception, the eye car brand has expanded to over 570 locations. The brand is looking for passionate entrepreneurs across North America to bring eye care services to their communities. The ideal franchise partner values customer service and being involved in the community.  

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Pearle Vision Franchise Cost and Requirements for 2024

Background

Pearle Vision has a five-decade-plus commitment to providing genuine eye care. The eye care franchise is a premium brand that has the tools, systems and processes in place to continue to build patient loyalty and help licensed owners maintain strong margins and increase sales volume. Over the decades, Pearle Vision has continued to invest in the brand through an annual $30 million consumer marketing program that includes CRM, local brand support, national advertising campaigns, and a dedicated field marketing team. Franchisees benefit from the franchisor's buying power and vendor discounts. Pearle Vision's systems and tools include CRM, training and support, consultation, and full-service real estate support. Franchisees are provided with a consultant who will help them as they grow their businesses. 
If you are already an optometrist, you can establish doctor exam hours and control your lifestyle without having to pay royalties on the revenue generated providing eye care and exams. Pearle Vision is looking for franchise partners throughout North America and offers full-service real estate support to facilitate site selection, market development, store design, construction and turnkey project management. To qualify to become a Pearle Vision Licensed Owner, you need $100,000 in liquid capital and a net worth of at least $300,000. In terms of the initial investment, it ranges from $519,356 – $848,384. You can establish a new location or convert an existing one. In addition to being dedicated to customer service, franchises should want to give back to the community. You can appreciate that Pearle Vision has partnered with the nonprofit organization OneSight to bring high-quality eye care to children in need.

Company Details

Headquarters: New York, NY 10018
Canada: Yes
International: No
Absentee: Yes
Exclusive territory: Yes
B2B: No
Founded: 1961
First franchise: 1980
Mobile/home-based: No

Support and Training Offered By Pearle Vision

In terms of support and training, you can expect an initial training program that details everting you need to know about about running the bsuiness. The initial training program will be broken down into classroom and on-the-job instruction. During that time, you'll be provided with the information and tolls you need to run the business. This includes hiring, marketing and advertising, and more. You'll be provided with grand opening and social media support. Support and training are ongoing. 

2024 Franchise Requirements Needed to Own a Pearle Vision Franchise.

What does a Pearle Vision Franchise Cost?

Pearle Vision franchise fees for 2024:

Royalty Fee: 7%
Initial Franchise Fees: $30,000 (new licensed owner)
$20,000 (existing licensed owner)
Net Worth Requirement: $300,000
Cash Requirement: $100,000
Veteran Incentives: 20% off franchise fee
Existing Licensed Owner: $509,356 $838,384
New Licensed Owner: $519,356 $848,384

CONVERSION

New Licensed Owner: $70,195 $327,834
Existing Licensed Owner: $60,195 $317,834

Is Pearle Vision a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Pearle Vision is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Pearle Vision a Home Based franchise?

No. Pearle Vision is not a home based franchise opportunity.

What Do Pearle Vision Franchise Owners Make?

Click here to find out how much Pearle Vision franchisees make. Pearle Vision offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Pearle Vision Offer a Veteran Discount?

Yes. Pearle Vision franchise does offer a veteran discount.

Is Pearle Vision Looking for Franchisees in Canada?

Yes. Pearle Vision franchise is looking for Canada franchisees.

Is Pearle Vision Looking for International franchisees?

No. Pearle Vision franchise is not looking for International franchisees.

Where can I see Pearle Vision's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Business Opportunities, Miscellaneous & Unique, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

Pearle Vision Franchises for Sale

Click Here to inquire about existing Pearle Vision franchises for sale. We may have Pearle Vision franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.