Invest in an Industry with Growing Demand
The optical industry is on the rise, and so is Pearle Vision
Clear vision is critical to one’s day-to-day life – and Pearle Vision® is in the midst of an exciting growth phase that we believe is directly related to the sustained growth of the optical industry. We feel that, more than ever, consumers are focused on their health. That also applies to eye care. Consumers want dedicated care and they want an array of options in eyewear at affordable prices. According to The Vision Council’s VisionWatch survey (2018), the optical industry generated revenues of just over $40 billion in the U.S., more than $27 billion of which came from spending on prescription lenses and frames. Just over $6 billion came from exams.*
For individuals interested in franchising with Pearle Vision, this could present an opportunity for revenue. In 2017, Pearle Vision EyeCare Centers owned by optometrists generated an average of $1.17 million in revenue, with about 77% of revenue coming from retail sales.** It is worth noting that Pearle Vision charges royalties only on the retail side of the business. And, the average total revenue for the top quarter of optometrist-owned Pearle Vision centers rang in at $2.087 million.**
As consumers continue to age, Pearle Vision can play an important role in helping people get the regular eye exams and corrected lenses they need. We believe this can lead to sustainable demand and can help contribute to a profitable business model for many.
Learn more about our optical franchise opportunity
Pearle Vision strives to set itself apart in the industry through its commitment to genuine eye care. To learn more about the Pearle Vision franchise opportunity, fill out a form to contact a Pearle Vision franchise representative and download our free executive summary.
This article is not intended as an offer to sell or the solicitation of an offer to buy a franchise. Within the U.S.A., we offer franchises solely by means of our Franchise Disclosure Document. Certain states in the U.S.A. and certain other countries have laws governing the offer and sale of franchises. If you are a resident of one of these states or countries, we will not offer you a franchise unless and until we have complied with applicable franchise investment law requirements in your jurisdiction.
Minnesota Franchise Registration No. F-6281
**Source: Pearle Vision 2018 FDD