Pearle Vision – Franchise for Eye care and eyewear.

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Franchise for Pearle VisionPearle Vision was founded in 1961 by Dr. Stanley Pearle with the one-stop concept. In Savannah of Georgia, he opened the Pearle Vision Center with total eye care where he combined an exclusive eyewear selection for complete eye exams. To select opticians and doctors, he then began franchising in 1981. Today, Luxottica owned Pearle Vision.  Alex Wilkes is the CEO of Pearle Vision.

Established in: 1961

Parent Organization: Luxottica

Franchising from: 38 Years from 1980

Company Address: 4000 Luxottica Pl. Mason, OH 45040

Investment:

               Their Minimum Investment was: $400,324

               Their Maximum Investment was: $605,230

Units:

               1st Year: -8 Units (-1.5%)

               After 3 Years: -58 Units -10.0%)

Locations of Units:

                     U.S. Franchises           Franchises Outside US          Company Owned

2016                     405                                        16                                         110

2017                     405                                        16                                         102

They are seeking new units of franchise throughout U.S..

Financing Options:

               To cover startups costs, franchise fee, accounts receivable, payroll, equipment costs and inventory costs Pearle Vision maintains third party sources relationships which offer finance. It also offers in-house finance to cover inventory costs.

Financial Requirement:

               Initial Investment: $400,324 – $605,230

               Net-worth Requirement: $300,000

               Liquid Cash Requirement: $100,000

Support Options:

Grand Opening

Meetings/Conventions

Field Operations

Site Selection

Franchise Intranet Platform

Security/Safety Procedures

Online Support

Newsletter

Proprietary Software

 

Marketing Support:

Social Media

SEO

National Media

Email marketing

Website development

Ad Templates

Co-op Advertising

Regional Advertising

Loyalty program/app

 

Website: pearlevision.com

Pearle Vision Facebook Page: Post on Facebook

Pearle Vision Twitter Account: Tweet Daily

Pearle Vision Customer Service Number: 800 937 3937

Pearle Vision Customer Help: Support Team

 

 

 

 

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