Pearle Vision
Franchise research report · reviewed 2026 disclosure data
Researching Pearle Vision franchise opportunities? Every figure below is cited to the FDD.
- Franchising since
- 1981 Source: franchise.org
- Headquarters
- New York, NY United States Source: franchise.org
Pearle Vision is one of the largest eye care franchise retailers in North America, built around the neighborhood doctor with a discernable focus on patient experience. Since its inception in 1961, Pearle Vision has been committed to genuine eye care, helping its licensed owners maintain strong margins and increase sales volumes.
Headline figures
Quick facts
- How much does it cost to open a Pearle Vision franchise?
- The Pearle Vision Franchise Disclosure Document reports separate estimated initial investments by format: $778,696–$1,228,956 for new eyecare center total investment low (2026 FDD, Item 7, PDF p. 1); $1,228,956 for new eyecare center total investment high (2026 FDD, Item 7, PDF p. 1); $73,523–$550,847 for conversion only (independent conversion total investment low) (2026 FDD, Item 7, PDF p. 1); $550,847 for conversion only (independent conversion total investment high) (2026 FDD, Item 7, PDF p. 1). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Pearle Vision initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $30,000 (2026 FDD, Item 5, PDF p. 17). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Pearle Vision charge?
- The disclosed ongoing royalty is $7 (2026 FDD, Item 6, PDF p. 18). The brand or advertising fund contribution is $8 (2026 FDD, Item 6, PDF p. 18). Other recurring fees are listed in Item 6. Details
- Does Pearle Vision disclose financial performance (Item 19)?
- Yes. The Pearle Vision FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 75). Figures apply only to the locations and period each one covers. Details
- How many Pearle Vision locations are there?
- The FDD reports 484 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 82). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $778,696 – $1,228,956 (New EyeCare Center total investment low); $1,228,956 (New EyeCare Center total investment high); $73,523 – $550,847 (Independent conversion total investment low); $550,847 (Independent conversion total investment high); several initial fee options apply.
- 2Item 19 covers 3 separate groups: other measures for 169 locations; other measures for 64 locations; other measures for 131 locations. They are not combined.
- 3Outlets declined by 16 in 2025, to 484 (systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 4 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (4)
Each format has its own total. The total depends on the format you choose.
- Independent conversion total investment lowPDF p. 1$73,523 – $550,847
- Independent conversion total investment highPDF p. 1$550,847
- New EyeCare Center total investment lowPDF p. 1$778,696 – $1,228,956
- New EyeCare Center total investment highPDF p. 1$1,228,956
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 17
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty feeMain ongoing fee
26 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
3 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Other measures · 169 locations
- Who is counted
- EyeCare Centers owned by an optometrist or ophthalmologist
- Period
- average net total revenue, FY2025
- Excluded
- Includes current franchisees using the full service operating platform with at least one year of results and timely submitted financial statements; excludes 5 not using the platform, 20 with under one year of results, 23 late Q4 submissions, 29 without four quarters from Q4 2024 through Q3 2025, 14 located in Canada, and all company-owned centers.
Locations counted: not stated in the reviewed record
Other measures · 64 locations
- Who is counted
- EyeCare Centers owned by an optician or investor who subleases to an optometrist or ophthalmologist
- Period
- average net total revenue, FY2025
- Excluded
- Includes current franchisees using the full service operating platform with at least one year of results and timely submitted financial statements; excludes 5 not using the platform, 20 with under one year of results, 23 late Q4 submissions, 29 without four quarters from Q4 2024 through Q3 2025, 14 located in Canada, and all company-owned centers.
Locations counted: not stated in the reviewed record
Other measures · 131 locations
- Who is counted
- EyeCare Centers owned by an optometrist, ophthalmologist, optician or investor that employs the optometrist or ophthalmologist
- Period
- average EBITDA, FY2025
- Excluded
- Includes current franchisees using the full service operating platform with at least one year of results and timely submitted financial statements; excludes 5 not using the platform, 20 with under one year of results, 23 late Q4 submissions, 29 without four quarters from Q4 2024 through Q3 2025, 14 located in Canada, and all company-owned centers.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
systemwide, as labeled in the FDD · counts as of 2025 of each year.
2026 FDD · Item 20 · PDF p. 82
Net −22 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($73,523 – $1,228,956) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units decreased from 500 to 484 in 2025. What drove the change?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 17
- [2]Item 19 — Locations counted not stated in the reviewed record — EyeCare Centers owned by an optometrist or ophthalmologist · PDF p. 75
- [3]Item 19 — Locations counted not stated in the reviewed record — EyeCare Centers owned by an optician or investor who subleases to an optometris… · PDF p. 77
- [4]Item 19 — Locations counted not stated in the reviewed record — EyeCare Centers owned by an optometrist, ophthalmologist, optician or investor… · PDF p. 79
- [5]Outlet counts — Item 20, Table 1 · PDF p. 82
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
No verified franchisor financial statement figures have been reviewed yet.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.