Convert an Optometry Practice
Do you own an existing optometry practice and think it’s time for a change?
Pearle Vision can help. We offer conversion franchise opportunities that give optical professionals better processes and more freedom to practice the way they want.
Why Convert My Practice?
There’s almost no limit to the benefits of converting your independent optometry practice to a Pearle Vision conversion franchise. You’ll notice the difference immediately.
Our Ignite conversion program offers a number of unique benefits that take your optical business to the next level:
- Overall reduced royalties
- No royalties on professional fees collected, i.e., eye exam revenue
- Wide brand recognition and consumer marketing initiatives
- Trusted franchise infrastructure
As a Pearle Vision franchisee, you’ll receive the support you need to run a robust retail operation along with your optometry practice. Our partnership with EssilorLuxottica gives us enormous buying power and access to some of the most sought-after brands in eyewear.
Converting a Practice You’ve Purchased
We also offer potential franchisees the opportunity to convert an independent optometry practice that they have purchased. The process is much the same as it would be for optical professionals converting their own practice. If you’re interested in learning more about buying and converting an optometry practice into a Pearle Vision franchise, please get in touch with us to learn more about your options.
A Look at the Numbers
Here is an overview of the cost associated with converting an independent optometry practice into a Pearle Vision EyeCare Center. If you’re interested in learning more, feel free to get in touch with us or see Item 7 of our franchise disclosure document (FDD). We’ll be happy to provide more information.
| Type of Expenditure | Cost Range | When Due |
|---|---|---|
| Initial Franchise Fee (New Franchisee) | $30,000 | Upon signing license agreement |
| Initial Franchise Fee (Existing Franchisee) | $20,000 | Upon signing license agreement |
| Construction | $7,000 to $9,720 | As billed |
| Equipment | $0 - $275,090 | As billed |
| Signage, fixtures, furniture, and décor | $14,300 to $26,244 | As billed |
| Inventory | $0 to $84,000 | As billed or upon signing license agreement |
| Point of sale and computer system | $12,133 to $23,632 | As billed |
| Grand opening advertising | $7,500 to $15,000 | As billed |
| Training expenses | $0 - $5,000 | As billed |
| Insurance | $0 - $25,000 | As billed |
| Additional funds | $0 - $125,000 | As needed |
The total initial franchise investment is $70,933 to $618,686 for a new franchisee and $60,933 to $608,686 for an existing franchisee.
Get Started Now
Convert your practice into a Pearle Vision franchise to take advantage of the multitude of benefits that come with being a franchisee. To learn more about your opportunity to grow with Pearle Vision, fill out our convenient online form. A member of our franchise development team will be in touch shortly.
