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12 Sep, 2017

PEARLE FRANCHISE

 

Pearle franchise has greatly improved health care industry globally. It mainly deals with taking care of patients with eye problems by restoring their sights. The company produces and distributes superior eye care products and materials. It has many franchises spread globally offering the same services. Due to reliable services provided, Pearle’s brand name has been recognized internationally. It has qualified optometrists and options who offer the services. Pearle franchise is targeting other market outlets to build its stores.

To purchase a franchise, total investment of $108,600-$492,400 is required. To use the company’s expertise and trademarks, a franchising fee of $10,000-$30,000 is needed. Royalty fee of 7% of the gross profits made is paid on monthly basis. You should have a liquid cash and net cash of about $100,000 and $300,000 respectively. The term expires after 10 years, but it can be renewed with renewal fee of $250,000. To make the business successful, you should be dedicated and determined. Experience in eye care industry is not required but important for your business to be productive. Many of the franchises are operated and owned by the franchisees. The number of staff members to run a store is about 4-10 but this depends on the size of the franchise. Eye care industry is on rise since many old people lose their sights. This creates booming market for the franchisees.

Pearle franchise offers assistance to its franchisees. The assistance offered is essential for the business to grow. The franchisees undergo training programs. The training can be conducted at franchisee’s residence, classroom or at one of the franchises. The training can also be conducted at the company’s headquarters. The duration of training depends on the geographical location where it is conducted. The franchisees are provided with newsletters that contain information about new products and services offered. His or her staff members are educated during field operations. The franchisee’s business is promoted and advertised through media to gain recognition. The franchisee accesses information easily from the company’s website for customization. He or she is provided with marketing kits and materials. Franchisee is informed of new marketing services, strategies and outlets. The franchisor ensures the store is opened on time during grand opening.

 

Pearle franchise offers the protected sites to their franchisees. This reduces competition from other franchising businesses. It has new technological development used to offer the services. It offers shipping services to the franchisees. The franchisees can easily get access to eye care members.

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