Entrepreneur Magazine Ranks Pearle Vision Among Top Health Products Franchises in 40th Annual Franchise 500® List
MASON, Ohio (Jan. 10, 2019) – Pearle Vision has been recognized as one of the nation’s top health franchises in Entrepreneur magazine’s highly competitive Franchise 500® list. Entrepreneur’s annual rankings rate outstanding performance in areas including unit growth, financial strength and stability, and brand power.
Pearle Vision was ranked No. 75, placing the brand in the top 15 percent of all franchises ranked. This is the 11th consecutive year that Pearle Vision has been ranked among the Franchise 500, and the 35th year out of 40. Entrepreneur’s 40th annual list was culled from more than 1,000 applications, making this year’s edition one of the most competitive rankings in its history. The annual list is recognized as an invaluable tool for potential franchisees.
“Pearle Vision’s position on the Franchise 500 list exemplifies its strength as a franchise opportunity and as an industry leader,” said Alex Wilkes, General Manager of Pearle Vision. “Our company is committed to providing genuine eye care to our patients, embracing innovation and staying on top of trends. We are proud to lead the way in the optical industry and look forward to welcoming more licensed owners who share our passion for eye care.”
Pearle Vision’s ranking comes during a period of robust growth. In 2018, new franchise locations opened across the U.S., including multiple locations in Florida and California’s booming markets. In early 2019, Pearle Vision is positioned to open franchises in cities across Pennsylvania, Illinois, Florida and Ohio, and the brand will continue an aggressive push into Canada, as well.
“We look forward to bringing genuine eye care to more communities in the U.S. and Canada by partnering with entrepreneurs across various backgrounds,” Wilkes said. “We are especially excited about our Ignite program, which allows independent optometry practice owners to take their business to the next level by converting their practice to a Pearle Vision franchise location. Ignite allows owners to do what they love while reaping the benefits of partnering with a national, legacy brand in Pearle Vision.”
The key factors considered in the Franchise 500 are costs and fees, size and growth, support, brand strength, financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order. Details on the Franchise 500 will be available at entrepreneur.com/franchise500 on Jan. 15; the rankings also will be featured in the January/February issue of Entrepreneur, available on newsstands Jan. 15.
About Pearle Vision
Pearle Vision was founded in 1961 by Dr. Stanley Pearle, who began the concept of one-stop, total eye care with the opening of the Pearle Vision Center in Savannah, Ga. Dr. Pearle combined complete eye exams with an extensive selection of eyewear. In 1981, Pearle Vision began offering franchise opportunities to select doctors and opticians. Today, with more than 500 EyeCare Centers throughout the United States, Canada and Puerto Rico, Pearle Vision is built around a doctor-centered business model with a primary focus to deliver genuine eye care to patients and become the neighborhood trusted source for all their eye care and eyewear needs. Pearle Vision is owned by Luxottica, a leader in premium fashion, luxury and sports eyewear. For more information, visit PearleVision.com. To learn more about the Pearle Vision franchise opportunity, please request a franchise summary here or call 1-800-PEARLE-1.