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PEARLE VISION

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.

Since 1980RetailMason, OHEssilorLuxottica S.A.www.pearlevision.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
N/A
Franchise Fee
$30,000
Locations
441

Financial Requirements

Franchise Fee$30,000
Initial Investment RangeN/A
Royalty Rate7.00%
Brand Fund8.00%
Fixed Monthly Fees$400 - $400

7% royalty + 8% ad fund + $400/mo technology fee

Franchise Stats

Franchise Locations441
Corporate Locations59
States OperatingN/A
Franchising Since1980
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,429,000
Median Gross Revenue
$1,213,000
EBITDA Margin
18.00%
Top Quartile Revenue
$2,482,000
Bottom Quartile Revenue
$639,000
Average EBITDA
$257,000

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 to Other Specialty Retail Franchises

FranchiseInvestment RangeFranchise FeeRoyaltyLocations
PEARLE VISION
Current
N/A$30K7.0%441
MERLE NORMAN COSMETICS$48K - $260KN/AN/A797
CORNWELL$80K - $324KN/AN/A793
BATTERIES PLUS$263K - $497K$45K5.0%604
PET SUPPLIES PLUS$537K - $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K - $379K$40K4.0%340
Specialty Retail Average
46 franchises
$285K - $708K$38K5.0%-

* 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)

Total Loans
146
Average Loan Amount
$425,415
Total Loan Volume
$62,110,600
Default Rate
0.7%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases3

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)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
8
Non-Renewals
2
Reacquired by Franchisor
1
Ceased Operations (Other)
2
System Transfers
24
Sold to Franchisees
3
Projected New Franchises
14

Frequently Asked Questions

How much revenue does a PEARLE VISION franchise make?

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.

How much profit can you make with a PEARLE VISION franchise?

Based on the financial performance data in the FDD, estimated profit for a PEARLE VISION franchise ranges from $77,000 to $477,000 per year. Actual results vary based on location, management, and market conditions.

How many PEARLE VISION franchise locations are there?

As of the 2025 FDD, PEARLE VISION has 441 franchise locations. The company has been franchising since 1980.

Can you get an SBA loan for a PEARLE VISION franchise?

Yes, SBA loans are available for PEARLE VISION franchises. Historical data shows 146 SBA 7(a) loans have been approved for PEARLE VISION franchisees, with an average loan amount of $425,415. The historical default rate is 0.7%.

Is PEARLE VISION a good franchise to buy?

PEARLE VISION shows several positive indicators: established brand with 441+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in PEARLE VISION?

Talk to a franchise advisor to get personalized guidance and learn if PEARLE VISION is the right fit for you.

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