Own a Compelling Business in a Growing, Recession-Resistant Market Sector! My Eyelab Employs a Truly Visionary Business Model My Eyelab is the fastest growing full-service tele-consulting and retail optical center franchise in a huge $40 billion (and growing) U.S. vision care market. With 75% of Americans using some sort of corrective lens, there will always be a demand for glasses, contacts, and eye exams.
Retail , Healthcare & Senior Care
About My Eyelab
Own a Compelling Business in a Growing, Recession-Resistant Market Sector
My Eyelab Employs a Truly Visionary Business Model
With a vision of easy eye care and the mission to provide fast, friendly and affordable eye care services, My Eyelab has become a leader in the recession-resistant eye health industry by developing an accessible alternative to its overpriced competitors. You can open and operate a streamlined optical business – no onsite lab needed! No in-store optician needed!
2015 (10 years)
68
$1,050,194
Franchise Fees
$34,900
$31,410 Veteran's Fee
4.0%
Gross Sales
0% - 8.0%
Gross Sales
Why My Eyelab?
Why My Eyelab is the Smarter Eye Care Center Franchise
Our intelligent, technology-based approach to eye care, and our dedication to exceptional customer service and to continuous innovation, makes our optical business model unlike any other.
- Centralized solutions: My Eyelab’s centralized teleconsulting eye exam solution eliminates need for expensive in-store lab equipment.
- Better staffing model: corporate-staffed opticians perform the patient eye exams through proprietary teleconsulting technology, saving franchisee over $200,000 in payroll, benefits and other costs associated with staffing an in-store optician.
- Exceptional Financials: Average store sales of over $1.1 million with 90%+ profit margins on widest variety of branded frames sourced through exclusive product and supplier access.
- Turn-key operating system and supply chain allows for absentee ownership with minimal staff, automated ordering, processing and customer management.
- Scalable enterprise with high growth potential, and comprehensive infrastructure and support.
Ideal Candidate
The Ideal My Eyelab candidate has a strong business acumen and a background in marketing, retail, and sales. We look for people with a passion for helping others while running a great business. Franchisees daily responsibilities are focused on managing their retail sales environment, ensuring a world class patient experience, and growing the presence of their business locally. Multi-Unit operations typically function in a regional management capacity. Semi-Absentee owners are providing oversight to a strong on-site management team weekly.
*No Medical Experience Necessary*
$314,877 - $491,227
$190,000
$500,000
Testimonials
WHY WE OPENED 14 MY EYELAB FRANCHISES IN LESS THAN THREE YEARS
For Zain Attawala and Sagar Panjwani, finding a franchise they could join that not only provided a strong, recession-resilient business model but also could be self-sustainable was essential. The business partners have been dominating the Atlanta, Georgia market, opening 14 My Eyelab locations in three years – and will have 16 units open by year-end.
