Franchising Status
Eligibility for SBA Loan

Overall Rating

Franchise Summary

Business Opportunity

The Franchise being offered by EMERGING VISION, INC. ("EVI") is for the operation of a retail opticalcenter (the "Center"), generally being operated under the name STERLING OPTICAL, but which alsomay be operated under such other name as EVI may authorize or require, offering, for sale, prescription and non prescription eye wear and related items and services, which Centers, in mostcases, offer the services of an employed or otherwise affiliated optometrist or other eye careprofessional and also receive and fill prescriptions for eyeglasses and contact lenses from unaffiliatedoptometrists and ophthalmologists.

Corporate Structure

Emerging Vision, Inc. is a New York corporation. It was incorporated in January 1992 under the name Sterling Acquisition, Inc. It changed its name in 1992 to Sterling Vision, Inc. and, in April 2000, its name was changed to Emerging Vision, Inc. EVI currently maintains its principal business address at 520 Eighth Avenue, 23rd Floor, New York, New York 10018.

Investment and Franchisee Fees

The total investment necessary to begin operation of a Sterling Optical franchised business is presently estimated to range from: $158,920 to $830,180, if your Franchise relates to a newly built Center; $66,660 to $2,110,180, if your Franchise relates to an existing Center which, at the time you acquire your Franchise, is being operated by either EVI or another Franchisee; and $34,310 to $525,180, if you are converting your existing retail optical store to a Franchised Center.

Estimated Franchisee Revenue & Profit

No Data Available

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Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Franchise Disclosure Documents

FDD Effective Date

Franchisee Financial Performance

Average franchisee revenue and gross profit relative to industry peers

Accessibility

Net wealth and liquid capital requirements relative to industry peers

Franchisor Reputation

Number of lawsuits and bankruptcies relative to industry peers

Franchisor Financial Health

Revenue and cash of franchisor relative to industry peers

Franchise System Health

Franchisee termination and cessation rate relative to industry peers

Affordability

Investment and franchise fees relative to industry peers

Distribution of Sterling Optical Franchisees

Sterling Optical Franchise System Development in 2017

Historical Sterling Optical System Growth

Data not yet available

Historical Franchisee Revenue

Data not yet available

Historical Franchisee Gross Profit

Data not yet available

Average Franchisee Revenue vs. Health & Fitness

Data not yet available

FAQ

How much investment do I need to start my own Sterling Optical business?
Franchisees typically require at least $158,920 to $829,180 investment to get their Sterling Optical business started
What are the initial franchise fees for Sterling Optical?
Franchisees typically need to pay at least $10,000 in fees directly to Sterling Optical in order to earn the right to launch their business
How much money can I make with a Sterling Optical franchise? What are the average revenues for a typical Sterling Optical business?
We haven’t done the math on how much revenue a typical Sterling Optical brings in each year. We estimate that other franchisees in the Health & Fitness industry general revenue, so we would expect Sterling Optical to generate a similar amount
How long do I need to commit to running a Sterling Optical unit? What is my contractual commitment?
Sterling Optical franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

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