FRANCHISE RESALES

Buy a My Eyelab Franchise

My Eyelab is an innovative optical retail franchise founded in 2013 that revolutionizes eye care by integrating proprietary teleconsultation technology, allowing eye exams to be conducted remotely by affiliated optometrists. This model reduces the need for in-store optometrists, lowering staffing costs and enabling efficient, affordable service. The franchise offers a wide selection of eyewear, including My Eyelab’s own frames and designer brands, with lenses cut and quality-checked on-site. With over 50 franchise locations and 30 corporate stores, My Eyelab is expanding rapidly, focusing on priority markets like Florida, Pennsylvania, Virginia, and Texas. The brand emphasizes accessibility, affordability, and customer convenience through walk-in and telehealth appointments.

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Why buy a My Eyelab Franchise?

Investing in My Eyelab offers a cutting-edge franchise model that combines telehealth innovation with a broad product offering in a growing industry. The brand’s efficient staffing model, high average store sales (over $1.1 million), and strong profit margins provide a compelling financial opportunity. Extensive training, ongoing support, and financing options reduce barriers to entry. My Eyelab’s commitment to accessible, quality eye care and its rapid expansion make it an attractive option for entrepreneurs seeking a scalable, technology-forward healthcare franchise.

My Eyelab Franchise Costs & Information

  • Minimum Qualifications

    • Initial Franchise Fee

      $34,900

    • Initial Investment

      $299,858 - $601,197

  • Royalty

    • Royalty Fee

      4%

  • Training & Support

    • 81.5 hours on the job training

    • 20.5 hours classroom training

    • Ongoing support

    • Marketing support

My Eyelab – Additional  Information

  1. Franchisee Support

    My Eyelab provides comprehensive training, including operational and technology use, plus ongoing marketing, site selection, and business development support. Franchisees benefit from proprietary telehealth software, centralized lab options to reduce investment, and a strong corporate infrastructure. The company also offers financing options and a franchisee intranet for continuous assistance.

  2. Accolades & Awards

    My Eyelab has been recognized multiple times in Entrepreneur’s Franchise 500, reflecting its rapid growth, strong brand presence, and innovative approach within the optical retail sector.

  3. Industry / Market

    The optical retail industry is evolving with technology-driven models like telehealth, meeting growing consumer demand for accessible, affordable eye care. My Eyelab’s technology and scalable franchise system position it well to capitalize on this expanding market, which benefits from increasing vision care awareness and aging demographics.

  4. Ideal Owner

    Ideal franchisees include optometrists seeking to expand their practice, investors interested in healthcare retail, or motivated individuals with strong customer service skills. No prior optical experience is required, but a passion for healthcare and retail management is beneficial. Franchisees should be prepared to engage actively in operations or management.

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