Pearle Vision

  • Pearle Vision, Inc.
4000 Luxottica Pl.
Mason, OH 45040
  • (800) 732-7531 / (513) 765-3462
  • (513) 492-3462 (Fax)

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

Operating Units

Franchised Units 402 53.5%
Company-Owned Units 350 46.5%
Total Operating Units 752 100%

Geographic Distribution

USA 762 84.6% In 43 States
Canada 103 11.4% In 2 Provinces
International 36 4.0% In 0 Foreign Countries
Total 901 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
Pennsylvania 65
Illinois 53
Texas 48

Registered in the following Registration States

Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Wisconsin, District of Columbia

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Support and Training

General Information

IFA Member Yes
CFA Member No
Franchisee Association? Yes, is a 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

Ongoing Support

Central Data Processing Yes, at additional cost
Central Purchasing Included
Field Operation Evaluation Included
Field Training Included
Initial Store Opening Included
Inventory Control Included
Franchisee Newsletter Included
Regional or National Meetings Yes, at additional cost
800 Telephone Hotline N/A

Training

Skill Assessment of Franchisee Varies Dramatically
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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%

Site Information and Requirements

Average Number of Full-Time Employees Varies
Average Number of Part-Time Employees 0
Space Needs (in square feet) 1,800-2,400
Preferred Site Types Free Standing Building, Strip Center, Regional Mall
Encourages Conversions Yes
Item 19 (Earnings Claim) Provided? No
Listed in the SBA Registry? No
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Franchisee Qualifications

Financial Net Worth 5
General Business Experience 4
Specific Industry Experience 5
Formal Education 3
Psychological Profile 2
Personal Interviews 4
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Terms of Contract

Term of Initial Contract 10
Term of Renewal Period 10
Passive Ownership? Allowed
Area Development
Agreements?
No
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
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Expansion Plans

Projected New Units Over Next 12 Months 25
USA Yes, All United States, except CA
Canada No
Overseas No
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Request Information for Pearle Vision

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