Account Login
Franchise Directory
Areas Of Interest
Top 100 Franchises Publications
Franchise Your Business
Home >> Health & Fitness >> Optical Products and Services
| Pearle Vision 4000 Luxottica Pl. Mason, OH 45040 |
Submit an online form to receive information from Pearle Vision.
|
Business Description
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: 1980
North America:
States/Provinces with the largest number of operating units:
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
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
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
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: 1980
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 417 | 45.5% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 499 | 54.5% | |||||||||||||||||||||||||||||
Total Operating Units: | 916 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Illinois | 53 |
| 2. Pennsylvania | 65 |
| 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: | $110K Max. |
| Total Investment: | $250-500K |
| Average Total Investment: | $375K |
| Fees: | |
| Initial Franchise Fee: | $30K |
| Average Franchise Fee: | $30K |
| On-Going Royalty: | 7% |
| Average Royalty: | 7% |
| Advertising Fee: | 8% |
Space Needs (in square footage): 1,800-2,400
Preferred Sites: Free-standing Building, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 5 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 2 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 250 | ||||||||
| Site Selection Assistance? | No | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | Yes | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | Yes | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | At Additional Cost | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Skill Assessment of Franchisee | Varies Dramatically | ||||||||
| Expansion Plans | |||||||||
|
Submit an online form to receive information from Pearle Vision.
|
||||||||