My Eyelab Franchise
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.
$190,000
$34,900
142
2015
Palm Springs,FL
Daniel Stanton
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!
Franchise Unit Trends & Revenue
142
44
$1,050,194
* in 2021
Franchise Fees
$34,900
Veteran's Fee: $31,410
4.0%
Gross Sales
0% - 8.0%
Gross Sales
Why Choose 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.
Starting Costs & Investment Requirements
$314,877 - $491,227
$500,000
$190,000
Training & Support
As a My Eyelab franchise owner, you will benefit from our founders’ decades of experience, plus industry-leading tools and support systems:
- Site selection and store build-out assistance: streamlined and well-designed, plus no need for complex and expensive onsite labs!
- Access to exclusive technology tools: from teleconsulting to automated order processing, it’s all been planned for you; no need for on-site doctors, with minimized administrative tasks, so your optical business can focus on sales and customer relations.
- Exclusive product and supplier access, including our unique line of branded frames, all easily ordered through technology platforms.
- Fully staffed corporate call center provides live assistance to owner and in-store employees.
- Professional marketing assistance to help continually build your store’s visibility.
History
For Daniel Stanton, it began with a desire to disrupt the eyeglass shopping experience. “Easy Eye Care,” as he refers to it, offering customers a vast selection of eyewear and eye care solutions that deliver an affordable, accessible, and efficient customer experience. Optics affiliated network of doctors have administered over one million complete eye exams nationwide. Under Stanton’s direction, Now Optics is among the nation’s fastest growing, full-service optical retail companies. Due its rapid growth over the past few years, the company’s store footprint has expanded to over 200 corporate and franchise locations in 28 states under the Stanton Optical and My Eyelab brands.
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*
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