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Pearle Vision
PEARLE VISION, the largest optical franchisor, offers the ability for qualified individuals to benefit from PEARLE's strong name recognition and operating systems developed over the past 36 years. We have been franchising for 16 years.
Franchisor Background
Year Established:
1961
Franchising Since:
1981
IFA Member
Operating Units:
Franchised Units:
402
53.5%
Company-Owned Units:
350
46.5%
______
_____
Total Operating Units:
752
100%
Geographic Distribution:
U.S.:
762
84.6%
In 43 States
Canada:
103
11.4%
In 2 Canadian Provinces
International:
36
4%
In 0 Foreign Countries
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_____
Total:
901
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Pennsylvania
65
2. Illinois
53
3. Texas
48
Registered in Following Registration States:
Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$Varies
Cash Investment:
$35-125K
Total Investment:
$250-350K
Average Total Investment:
$300K
Fees:
Initial Franchise Fee:
$30K
Average Franchise Fee:
$30K
On-Going Royalty:
7%
Average Royalty:
7%
Advertising Fee:
8%
Average Number of Employees:
Varies Full-time, 0 Part-time
Space Needs (in square footage):
1,800-2,400
Preferred Sites:
Free-standing Building, Strip Center, Regional Mall
