The 2 Best Eye Care Franchises of 2024 in the USA
The eye care industry is expanding as more Americans prioritize vision health and seek professional services for eye exams, glasses, and contact lenses.
The U.S. vision care market is projected to reach $83 billion by 2027, driven by an aging population and increased screen time, which has heightened the need for corrective eye care. For entrepreneurs, investing in an eye care franchise offers a lucrative opportunity in a growing healthcare sector.
In this guide, we’ll explore the best eye care franchises, covering key details like startup costs, franchise fees, and potential earnings to help you make an informed investment decision.
The Best Eye Care Franchises of 2024
Franchise | Franchising Since | Locations* | Investment Range | Revenue |
---|---|---|---|---|
Vision Source | 2005 | 2,992 | $85,000 – $333,000 | Undisclosed |
Pearle Vision | 1980 | 442 | $71,000 – $1,269,000 | $1,071,000 |
Pearle Vision
Franchising Since: 1980
Franchised Units: 442
Initial Investment: $71,000 to $1,269,000
Franchise Fee: $30,000
Royalty Fee: 7.00%
Pearle Vision is a chain of eye care clinics headquartered in Mason, Ohio. Its stores offer eye exams, prescription and non-prescription eyewear, and brand contact lenses.
Pearle Vision was founded in 1961 by Dr. Stanley Pearle, an optometrist in Savannah, Georgia.
The brand was acquired by Luxottica in 2004, making it one of the largest eye care retailers in the US. Its mission continues today through hundreds of locations across America.
It provides franchise owners with a golden opportunity to become first-time business owners or expand their business operations by running retail optical eye care centers in conjunction with optometrists’ offices.
Pearle Vision began franchising in 1980, and as of 2022, the company had opened 571 locations, including 444 franchises in the US.
Vision Source
Franchising Since: 2005
Franchised Units: 2,992
Initial Investment: $85,000 to $333,000
Franchise Fee: None
Royalty Fee: 2.50%
Vision Source is a network of more than 3000 optometric practices that provide quality eye care services to maintain the good name and value of the independent eye care business.
The firm was founded by optometrist Glenn Ellisor in 1991. Based in Houston, Texas, Vision Source provides a comprehensive range of vision care services and products, including vision correction, eyeglass lenses, contact lenses, and eye drops and solutions.
Today, Vision Source exists as a subsidiary of Essilor of America, Inc. and operates in over 2,500 offices throughout Canada and the US.
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