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Pearle Vision
#72 Franchise 500| Eye care and eyewear

Pearle Vision
Eye care and eyewear

About
Founded

1961

Franchising Since

1980 (38 Years)

Corporate Address

4000 Luxottica Pl.
Mason, OH 45040

CEO

Alex Wilkes

Parent Company

Luxottica

Ticker Symbol

LUX

Financial Requirements
Initial Investment

$400,324 - $605,230

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

8%

Financing Options

Pearle Vision offers in-house financing to cover the following: inventory

Pearle Vision has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

86 hours

Classroom Training:

32 hours

Additional Training:

Webinars

Number of Employees Required to Run:

4

Pearle Vision is ranked #72 in the Franchise 500!
Bio
In 1961, Dr. Stanley Pearle began the concept of one-stop, total eye care with the opening of the Pearle Vision Center in Savannah, Georgia. There he combined complete eye exams with an extensive selection of eyewear. Then, in 1981, Pearle Vision began offering franchises to select doctors and opticians. Today, Pearle Vision is owned by Luxottica.
Cost
Initial Investment: Low - $400,324 High - $605,230
Units
-1.5%-8 UNITS (1 Year) -10.0%-58 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 23rd, 2017