VISION SOURCE

VISION SOURCE

Vision Source franchises enable independent optometrists and ophthalmologists to operate eye care centers that diagnose vision and eye health issues, prescribe corrective measures like glasses and contact lenses, and retail eyewear and optical supplies. The business model centers on a cooperative network providing buying power for discounts on products, exchange of best practices, and marketing programs to enhance operations. Target market includes patients seeking comprehensive eye care services.

3,007
Locations
$100K–$450K
Investment
Since 1996
Franchising
HealthcareKingwood, TXEssilorLuxotticawww.visionsource.comDisclaimer

Franchise Costs


Franchise Fee
$0
Item 5 of FDD
Initial Investment Range
$100,000 $450,000
Low: $100,000High: $450,000
Item 7 of FDD
Royalty Rate
2.50%
of gross sales
Brand Fund
0.00%
Item 6 of FDD

2.5% royalty (capped at $48,000/yr) + 0% ad fund + $0/mo fixed fees

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How VISION SOURCE Compares


Key Insights

  • Lower investment than 77% of Medical Services franchises
  • #1 largest franchise system in Medical Services
  • Lower than average SBA loan default rate in Medical Services
FranchiseInvestmentFeeRoyaltyLocations
VISION SOURCE
Current
$100K – $450KN/A2.5%3,007
THE JOINT CHIROPRACTIC (UNIT)$254K – $521K$40K7.0%696
AFC/AMERICAN FAMILY CARE$956K – $1.5M$60K6.0%304
THE MEDICINE SHOPPE OR MEDICINE SHOPPE$513K – $896KN/A3.0%271
ANY LAB TEST NOW$171K – $298K$55K7.0%237
ANY LAB TEST NOW$145K – $272K$40K8.0%221
Medical Services Average
22 franchises
$257K – $533K$59K6.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 22 Medical Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
345
2TX
273
3FL
165
4IL
157
5MI
123
6IN
114
7OH
111
8NY
109
9PA
100
10NC
88
11TN
86
12MO
83
13IA
79
14WA
77
15KS
70

+36 more states

SBA Loan History


Historical SBA 7(a) loan data for VISION SOURCE franchisees (20102025)

Total Loans
34
Average Loan
$677,038
Total Volume
$23.0M
Default Rate
2.9%

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


3,004 franchisee contacts on file from official FDD filings.

NameSBA 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

3,004 Contacts Available

Unlock all VISION SOURCE franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
66
Non-Renewals
74
Reacquired
0
Ceased Ops
28
Transfers
24
Sold to Franchisees
N/A
Projected New
N/A

Frequently Asked Questions


The total initial investment to open a VISION SOURCE franchise ranges from $100,000 to $450,000. Ongoing royalty fees are 2.5% of gross sales.

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