Franchise FAQs

No. An optical background is beneficial, but industry-specific knowledge is not required. Everything you need to know is contained in our business model and training systems.

We provide franchisees with support in the areas of insurance and billing, including claims processing, customer and vendor billing, and payment services. Our goal is to help simplify managing these key aspects of your business.

While we encourage franchisees to take an active, full-time role in their stores, we understand that it isn’t always possible. In the event that you’re absent or semi-absent from your store, you will need to hire a full-time manager to oversee the day-to-day operations.

The initial franchise fee for a single location is $30,000. The total initial investment is between $679,760 and $1,268,624. Your total initial investment depends on a wide range of factors, like whether you’re converting your business or if you’re pursuing a multi-unit agreement. More information can be found under Item 7 of our franchise disclosure document (FDD).

Yes! Our Ignite conversion program helps independent optometry practice owners convert their practices to Pearle Vision locations. We also offer franchisees the opportunity to buy an existing franchise or enter a business partnership franchise. For those interested in business partnerships but seeking a partner, learn more about our OptiPartner program.

It’s important to us that our franchisees have the financial resources they need to build a thriving business. To that end, we ask that potential franchisees have a minimum liquid capital of $100,000 and minimum net worth of $300,000. Learn more about franchisee profit and earnings.

It’s your responsibility to find an optometrist, but our recruitment team will help you find the right a Doctor of Optometry (OD) for your EyeCare Center. Our Ignite conversion program may help investors acquire an existing optometry practice with an OD already in place. You may also consider forming a business partnership with an optometrist through our OptiPartner program.

The royalty structure breaks down as follows.

Traditional store

• 7% on retail sales
• Advertising is 6% national and 2% local on retail sales

Independent conversion

• Full 7% royalty only on incremental sales, reduced royalty on base sales
• Advertising is 6% national and 2% local on retail sales

Area development agreement (ADA)

This type of agreement is for three or more stores. The 7% royalty on retail sales is replaced with the following:

• 4.9% on retail sales (5+ unit ADA) or 5.9% on retail sales (3-4 unit ADA)
• Advertising is still 6% national and 2% local on retail sales

As a rule of thumb, our locations operate with a small, yet highly skilled team. A typical EyeCare Center can open with 4-5 employees. Additional staff may be hired as needed.

We don’t offer internal financing, but we do have relationships with trusted financial institutions. If you’re in need of financing, we’ll be happy to connect you with them.

Yes, our real estate team will guide you through the site selection process. We’ll provide demographic data for your territory and assist you in identifying a site that meets our requirements. Learn more about the support we provide for our franchisees.

Yes! As a token of our appreciation for your service, veterans receive a 20% discount on the standard franchise fee.

It couldn’t be easier! Just fill out our convenient online form. A member of our team will be in touch shortly with more information