Leading Optical Brand Plans to Convert Additional 40 to 45 Centers in 2014
Pearle Vision, one of North America’s largest and most trusted licensed optical brands, recently announced it has signed agreements with new and existing Pearle Vision licensees, converting 27 neighborhood eye care centers from company-owned to licensee-owned in 2013. The company plans to continue this re-licensing effort in 2014 with the conversion of additional centers.
“Converting 27 of Pearle Vision’s corporate locations to local optometrists and investors was quite an accomplishment for the brand last year,” said Pete Bridgman, Senior Vice President and General Manager, Pearle Vision. “We owe our progress and success to the 10 new and 17 existing licensees, who see the growth potential with Pearle and have a desire to serve their communities and provide the best possible eye care to their patients.”
With 600 centers located throughout North America, Pearle Vision offers best-inclass eye care provided by neighborhood doctors who are skilled optometrists, a principle created by Dr. Stanley Pearle in 1961. Most recently, Pearle Vision ranked #112 in Entrepreneur’s 2014 Franchise 500, making a 48-point increase from the 2013 ranking.
To fuel further growth, the company is looking for optometrists interested in licensing opportunities. Pearle Vision licensees can expect their initial investment to build a new center to cost approximately $200,000, in addition to a licensing fee of $30,000.
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