My Eyelab Franchise

Discount eyewear

Founded in 2013, My Eyelab is one of the fastest
growing full-service teleconsulting and retail optical centers in the
nation. With the mission to provide quality eyeglasses and expert eye
care services, My Eyelab has become a leader in the eye health industry
by developing an accessible alternative to over-priced eye care
services.

My Eyelab utilizes teleconsulting to enhance efficiency for patients and
optometrists. This technology eliminates the need for an on-site
laboratory, thereby significantly reducing startup and operational costs
for franchisees.

My Eyelab has been consistently ranked by Vision Monday as along the largest retailers in the United States, most recently as the 18th largest optical retailer in the U.S.

My Eyelab is one of the fastest growing full-service teleconsulting and
retail optical centers in the nation. With the mission to provide
quality eyeglasses and expert eye care services, My Eyelab has become a
leader in the eye health industry by developing an accessible
alternative to over-priced eye care services.

The total investment necessary to begin operation of a single My
Eyelab® franchise ranges from $407,477 to $585,543. This includes
$221,027 - $271,393 that must be paid to the franchisor or their
affiliates for an initial franchise fee and for signage, furniture,
fixtures, and equipment.

If you enter into an Area Development Agreement
to develop multiple units, your initial investment will range from
$407,477 to $585,543 for each franchise unit that you commit to opening.

#343 in Franchise 500 for 2020.

#95 in Franchise 500 for 2021.

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Please Note: The operators of My Eyelab, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official My Eyelab website.

How much does it cost to open a My Eyelab Franchise?

The investment required to open a My Eyelab Franchise is between $407,477-$585,543. There is an initial franchise fee of $34,900 which grants you the license to run a business under the My Eyelab name.

Individual Unit Costs

Initial Investment:
$407,477-$585,543
Initial Franchise Fee:
$34,900
Royalty Fee:
4%
Advertising Fee:
8%

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News and Press Releases

My Eyelab Continues to Expand its Presence in Florida with a New Store Opening In Hialeah, Florida
My Eyelab, one of the nation's fastest growing full-service retail optical centers, is opening a new store in North Hialeah, bringing the total Florida store count to 21. Their newest store will be located at 16800 NW 67th Avenue, north of Palmetto Expressway and is scheduled to open in the ...

My Eyelab News & Press Releases

My Eyelab Franchise Growth History

When did the first My Eyelab open? 2015
When did My Eyelab start Franchising? 2015

My Eyelab Franchise Expansion Plans

United States: Florida, Pennsylvania, Texas, Virginia

Training & Support

Training
My Eyelab provides an initial training program that covers material aspects of the operation of the My Eyelab store. This training is conducted whenever a new franchise is projected to open. This initial training is in addition to the on-site opening assistance.

My Eyelab will not require training or certifications in addition to the initial training. My Eyelab will, however, provide additional, optional training on occasion. Up to four employees may attend the initial training program as part of the initial franchise fee.

Daniel Stanton will oversee the training program. Mr. Stanton has thirteen (13) years of experience in this business. The My Eyelab training program is not routinely scheduled, but will be provided as needed. The initial training will occur at the corporate office in Palm Springs, Florida, or at one of our other South Florida affiliate stores. The initial training program must be completed to My Eyelab satisfaction prior to store opening.

How much does a My Eyelab Franchise owner make?

To calculate how much income a franchise owner can do at My Eyelab Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

Listing Tags

eye exams, eye glasses, frames, glasses

My Eyelab Franchise Opportunity viewed 3531 times by investors.

Legal Disclaimer: This information is not a franchise offering for My Eyelab and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a My Eyelab franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.