MK Vision Center

Overview

Website: franchising.mkvisioncenter.com

Franchise Fee: $50,000

Royalties: 5%

Cash Investment: $400,000

Total Investment: $357,850 - $624,250

Net Worth: $500,000

VetFran: No

SBA Approved: No

Master Franchise / Area Developer Opportunity: Yes

Additional Details

MK Vision Center is a premium, community-focused optical store concept that pairs stylish eyewear brands with the latest retail operations technologies, boasting a rich history in New York City.
It’s an industry that combines retail, fashion, and healthcare.
We are eyewear fit specialists who train our team members to understand each person’s facial features and find the best-fitting eyewear for them.
Our proprietary eyewear brands, close relationships with top designer eyewear brands, and expertise in fitting eyewear allow us to support an often underserved group of clients, clients who have low nose-bridges which represents More than 15% of the US population, 20 million people.
MK Vision Center leverages the latest technologies to automate and streamline optical processes and to make professional eyecare more accessible.
We also are on the forefront of adopting tele-optometry so that any MK Vision Center will be able to have eye exam coverage from a high-quality, licensed optometrist who is able to diagnose eye diseases, provide management plans, and offer eyewear prescriptions more easily than ever.
Our proprietary eyewear brands are not only lighter, more comfortable, and fit better for a broader and more diverse clientele but also they provide a higher-quality product at a more competitive price than what can be found elsewhere.
Our corporate locations have maintained a world-class net-promoter score rating of 86 year after year, survey after survey
Opticals are also recession-proof businesses that serve a fundamental need as it provides healthcare products, with demand driven by health insurance and flexible savings accounts that consumers need to use every year.
WHY MK Vision Center?
Unique Opportunity that combines Retail, Fashion, and Healthcare
Experts in catering to the fastest growing demographic in the US with our unique eyewear brands: the
Asian American market
Customers are very brand loyal. Comes back every 1-2 years
OUR IDEAL FRANCHISEE
Optician
Optomotrist
Individual who has worked in the eyewear field
AVAILABLE MARKETS
US markets available: All
HOT Regions/Desirable: FL & TX
NOT available: N/A
Available in Canada: Yes
International Referrals: Yes
BACKGROUND
Year founded: 2010
Year Franchised: 2023
Number of franchises currently operating: 0
Number of corporate owned franchises: 3
Home Based: No
Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: Yes
Average number of employees required: 3
E2 Visa Friendly: No
FINANCIAL DETAILS
Franchise Fee: Single: $50,000
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: Single Unit: $357,850 - $624,250 Multi-unit: $442,850 - $814,250
Net worth requirement: $500,000 - $1,000,000
Royalty: 5%
Additional fees: 1% for brand and 1% for local marketing
Financial assistance available: No
VetFran program: No
SUPPORT & TRAINING PROVIDED
Training and support program details:
Orientation, Franchise
Administration & Operations
Company History, Mission and Values
Company codes, colors, fonts
Reporting and documentation
Front end-sales operation
Back-end operations process
2 Hours Classroom, 1 on the Job:
Human Resources
On Boarding
Timeliness
Training
Performance Improvement Plans
Dismissals
1 Hour Classroom:
Center Planning
Location
Type
Cost for Training: $3,000 - $10,000 depending on travel
Lodging and airfare included: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Mentor following training: Yes
Le

Why MK Vision Center?

Our Ideal Franchisee

Available Markets

Background

Year founded: 2010

Year Franchised: 2023

Home Based: No

Financial Details

Franchise Fee:$50,000
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $357,850 - $624,250
Net Worth Requirement:$500,000
Royalty:5%
VetFran Program:No

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: