PEARLE VISION
Pearle Vision franchises retail optical EyeCare Centers that dispense prescription eyeglasses, sunglasses, contact lenses, and ancillary items like non-prescription sunglasses and solutions, often operated in conjunction with an on-site optometric or ophthalmologic office and finishing lab. The business model licenses the Pearle Vision brand, system, marks, operating procedures, and marketing programs to franchisees who maintain quality standards to qualify as in-network providers for managed vision care plans. It targets families, patients, and retail customers seeking comprehensive eye care products and services throughout the United States.
Franchise Costs
7% royalty + 8% ad fund + $400/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Data for 161 All Reporting OD Owner EyeCare Centers for Fiscal Year Ended December 31, 2024. These centers have at least one year of operating results and have submitted Full Service Operating Model Unaudited Financial Statements and MFRs. These EyeCare Centers are owned by an optometrist or ophthalmologist.
* All monetary amounts are in thousands ($000s). Average gross revenue, median gross revenue, revenue top quartile, revenue bottom quartile, average EBITDA, and EBITDA margin percentage are directly extracted from 'Table 1A – Summary of Table 1B' for 'ALL REPORTING OD OWNER EYECARE CENTERS'. Best guess profit range (low and high) is derived from the 4th Quartile ($77,000) and 1st Quartile ($477,000) EBITDA values respectively, as reported in the same table.
Extracted Item 19 Section
How PEARLE VISION Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
PEARLE VISION Current | N/A | $30K | 7.0% | 441 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K – $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K – $708K | $38K | 5.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for PEARLE VISION franchisees (2010 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
460 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
460 Contacts Available
Unlock all PEARLE VISION franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Primarily antitrust, breach of contract, fraudulent misrepresentation/omissions, unpaid royalties and advertising fees disputes with current and former Pearle Vision franchisees, including post-termination obligations enforcement.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
According to the 2025 FDD, the average gross revenue for a PEARLE VISION franchise is $1,429,000. The median revenue is $1,213,000.
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