My Eyelab FDD Summary
Type of Business
As a franchisee, you will operate a My Eyelab® franchise. The franchise offered is for the establishment and operation of a unique optical retail store and examination facility. The franchise includes a proprietary and well-established system that eliminates the need for an on-sight lab or optometrist.
M&D Optical Franchise, LLC was formed in November 2015 for the sole purpose of offering My Eyelab® franchises. Their principal business address is 3801 South Congress Avenue, Palm Springs, Florida, 33461.
The total investment necessary to begin operation of a single My Eyelab® franchise ranges from $248,130- $495,070. This includes $24,900.00 for each My Eyelab® franchise that must be paid to the franchisor or its affiliate(s). If you enter into an Area Development Agreement to buy multiple units, your initial investment is equals the initial franchise fee for your first My Eyelab® franchise ($24,900.00), in addition to fifty percent of the initial franchise fee for each committed unit not initially opened. The remaining franchise fee on the committed units is due upon the signing of each additional Franchise Agreement to open the additional locations.