Multi-Unit Franchisee Magazine Special Edition | Page 65

2017 Annual Edition RETAIL & SERVICES OPPORTUNITY DESCRIPTION “ We strive to be the affi liate of choice for passionate entrepreneurs who embody the values of our founder, Dr. Pearle.” DEMOGRAPHICS New full-service EyeCare Centers average 1,800-2,100 square feet located in high traf- fi c strip and lifestyle centers. Median store access to population of 275,000 residing or employed in a fi ve-mile radius. Own er focus on “neighborhood eye care” with product to support a full-range of customers in terms of age and income. QUALIFICATIONS Franchise opportunities are available as sin- gle unit or multi-unit franchise agreements. Members of the Pearle Vision brand should share our commitment to expert care, trust and personal service. To qualify to become a Pearle Vision franchisee, a candidate should meet our minimum fi nancial thresh- olds of $100,000 liquid capital and a net worth of $300,000 per location. SITE ASSISTANCE Pearle Vision’s Real Estate and Construction Team provide support with site selection using the latest analytic tools, demographic information, local brokerage assistance and the build out of your new EyeCare Center. Founded in 1961 by Dr. Stanley Pearle, Pearle Vision is one of the largest eye care franchise retailers in North America with over 500 EyeCare Centers. Dr. Pearle was a visionary optometrist that brought together doctors and opticians under one roof so pa- tients could receive a convenient, holistic, eye care experience. Our EyeCare Center owners benefi t from a full-service business model developed to help build strong busi- nesses that deliver genuine eye care. FAST FACTS: FRANCHISING SINCE: 1981 MULTI-UNIT FRANCHISE OPERATING UNITS: 28% TOTAL OPERATING UNITS: 530 COMPANY OPERATING UNITS: 105 CAPITAL INVESTMENT: $410,199 - $622,400 FRANCHISE FEE: $30,000 ROYALTY FEE: 7% ADVERTISING FEE: 8% EARNINGS CLAIMS: Yes RANKINGS & AWARDS BUILD-OUT OPTIONS: Inline, Free Standing, Mall 2017 Entrepreneur Magazine Franchise 500 ranking: #24 overall and #3 in healthcare AVAILABLE TERRITORIES: United States & International opportunities available CONTACT DWAYNE GREER Franchise Development Director [phone] [email protected] www.ownapearlevision.com Multi-Unit Buyer’s Guide 63