Pearle Vision Franchise FDD, Profits & Costs (2025)
Pearle Vision is a prominent franchise in the optical retail industry, founded by Dr. Stanley Pearle in 1961 in Savannah, Georgia. The franchise began its operations with a unique concept of one-stop eye care, combining full eye exams with an extensive selection of eyewear.
This innovative model helped distinguish Pearle Vision early on in the competitive landscape of eye care services. Headquartered in Mason, Ohio, Pearle Vision has expanded significantly since it started franchising in 1980.
Today, it stands as one of the largest eye care franchise retailers in North America, emphasizing the importance of genuine eye care and building its business around the neighborhood doctor model.
This approach ensures a focus on patient experience and community-based service, which resonates well with customers looking for personalized care.
Initial Investment
How much does it cost to start a Pearle Vision franchise? It costs on average between $61,000 – $1,269,000 to start a Pearle Vision franchised shop.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location, and whether the franchisee chooses to lease or purchase the property. Pearle Vision offers 2 types of franchises:
Franchise | Type of Investment | Initial Investment Cost |
---|---|---|
Pearle Vision EyeCare Center | New Location | $679,760 to $1,268,624 |
Pearle Vision EyeCare Center | Conversion of Existing Store | $60,933 to $618,686 |
We are summarizing below the main costs associated with opening a Pearle Vision franchised New Location. For more information on the costs required to start a Pearle Vision franchise, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure | Amount |
---|---|
Initial Franchise Fees | $30,000 |
A&E Fees | $16,300 |
Construction | $338,000 – $477,000 |
Signage, Fixtures, Furniture and Décor | $94,000 – $152,000 |
Equipment | $53,000 – $275,000 |
Inventory | $33,000 – $84,000 |
Point of Sale and Computer System | $12,000 – $24,000 |
Grand Opening Advertising | $15,000 – $15,000 |
Real Estate | $14,000 – $21,000 |
Training Expenses | $2,000 – $5,000 |
Security Deposits | $1,000 – $15,000 |
Insurance | $13,000 – $25,000 |
Additional Funds | $128,000 – $58,000 |
TOTAL | $680,000 – $1,269,000 |
Average Revenue (AUV)
How much revenue can you make with a Pearle Vision franchise? A Pearle Vision franchised facility makes on average $1,071,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,071,000 yearly revenue for similar eye care franchises.
See below how Pearle Vision compares vs. Vision Source:
Pearle Vision Franchise Disclosure Document
Frequently Asked Questions
How many Pearle Vision locations are there?
As of the latest data, Pearle Vision operates between 400 and 500 locations across the United States and Puerto Rico, encompassing both corporate-owned and franchised stores.
What is the total investment required to open a Pearle Vision franchise?
The total investment required to open a Pearle Vision franchise ranges from $61,000 to $1,269,000.
What are the ongoing fees for a Pearle Vision franchise?
Pearle Vision franchisees pay a 7% royalty fee on gross revenues. Additionally, they contribute 8% of gross revenues for advertising, with 6% allocated to national campaigns and 2% to local marketing. These fees support brand visibility and operational support.
What are the financial requirements to become a Pearle Vision franchisee?
To qualify as a Pearle Vision franchisee, candidates must meet specific financial criteria: a minimum net worth of $300,000 and at least $100,000 in liquid capital. These requirements ensure that potential franchisees possess the necessary financial stability and resources to establish and operate a Pearle Vision EyeCare Center effectively.
How much can a Pearle Vision franchise owner expect to earn?
The average gross sales for a Pearle Vision franchise are approximately $1.07 million per location. Assuming a 15% operating profit margin, $1.07 million yearly revenue can result in $161,000 EBITDA annually.
Who owns Pearle Vision?
Pearle Vision is owned by EssilorLuxottica, a leading multinational corporation specializing in eyewear and eye care. EssilorLuxottica was formed in 2018 through the merger of Essilor, a French ophthalmic optics company, and Luxottica, an Italian eyewear manufacturer.
This merger combined Essilor’s expertise in lens manufacturing with Luxottica’s extensive portfolio of eyewear brands and retail operations, including Pearle Vision.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.