Start an Optometry Practice with Pearle Vision
For many of our franchisees, starting a new practice is the right fit for their goals. Our team will help you start an optometry practice from the ground up, using our proven business model and helpful systems.
Why Start a New Practice?
It’s simple: starting a new optometry practice means you’re invested from day one. When you start a new practice, you have more oversight into the hiring process, meaning that you’ll feel more confident in your future working relationships with your team. You’ll also be able to develop and implement procedures within our business model that make sense to – and for – you.
As the owner of a new franchise, you’ll also have more of a role in your franchise’s site, layout, and design. Franchisees who start new practices are involved in the site selection and buildout process, making your EyeCare Center a reflection of your vision.
What should I be prepared for?
Of course, starting an optometry practice takes a fair amount of legwork. Our systems and processes simplify this process as much as possible, but you will take the lead in establishing your medical practice. This will involve insurance credentialing, setting up medical billing, and securing a doctor.
Starting a new practice also requires the biggest initial franchise investment. Let’s learn more about what that could look like for you.
A Look at the Numbers
Here’s an overview of your initial franchise investment with Pearle Vision. If you’d like to learn more about these costs, please get in touch with us or see Item 7 of our franchise disclosure document (FDD). We’ll be happy to answer any questions you might have.
| 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 |
| Real estate | $14,317 to $21,475 | As billed |
| Construction | $338,000 to $477,309 | As billed |
| A&E fees | $16,300 | As billed |
| Equipment | $53,287 to $275,090 | As billed |
| Signage, fixtures, furniture, and décor | $93,700 to $152,000 | As billed or upon signing license agreement |
| Inventory | $33,000 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 | $15,000 | As billed |
| Training expenses | $2,000 to $5,000 | Prior to and/or during attendance |
| Security deposits | $1,300 to $15,000 | As billed |
| Insurance | $13,000 to $25,000 | As billed |
| Additional funds | $57,723 to $128,818 | As needed |
and $669,760 to $1,258,624 for existing franchisees.
Get Started Now
Start an optometry practice as a Pearle Vision franchisee. To learn more about your franchise opportunity with Pearle Vision, fill out our online form. A member of our franchise development team will be in touch shortly.
