Pearle Vision charges a royalty fee of 7.0% of gross sales (2022 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Pearle Vision franchise is approximately 15.0% of gross sales (2022 FDD). This includes the royalty fee, a 8.0% marketing/advertising fund contribution, a $400/month technology fee, and other recurring charges.

Pearle Vision has been involved in 5 litigation cases over the past 3 years (2022 FDD). There are currently 5 pending cases. There is at least one class action lawsuit pending.

No, the Pearle Vision franchisor has no bankruptcy filings in their disclosure history (2022 FDD).

Pearle Vision offers protected territory rights to its franchisees (2022 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.

Pearle Vision currently operates 502 locations (2022 FDD) (443 franchised, 59 company-owned). The system grew by 3.1% over the past year. The 3-year compound annual growth rate is 1.5%.

The 1-year franchisee turnover rate for Pearle Vision is 7.2% (2022 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

According to the Pearle Vision FDD Item 19 financial performance representation (2022 FDD), the median gross sales per unit is $1.0M (average: $1.2M).

The initial franchise agreement term for Pearle Vision is 10 years (2022 FDD). The total potential term is 10 years.

Pearle Vision's post-termination non-compete clause restricts former franchisees from operating a competing business for 1 year within 3 miles of the former location (2022 FDD).

No, Pearle Vision's franchise agreement does not require mandatory arbitration (2022 FDD). Disputes may be resolved through litigation.

Pearle Vision provides 114 hours of initial training over approximately 4 weeks (2022 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Yes, Pearle Vision provides site selection assistance to help franchisees find the right location (2022 FDD). The franchisor also provides technology support and systems.