About Eye & I Eyecare Franchise
Eye and I Eyecare is an optical and eye care franchise operated by Eye and I Eyecare 2 LLC, a New York based company formed in 2021.
With a franchise fee of $29,900 and franchising since 2024, the brand is a newer entrant in the eye care services market, offering comprehensive vision care through branded retail locations.
The franchise model focuses on providing eye exams, prescription eyewear, contact lenses, and related optical products and services.
Eye & I Eyecare Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $29,900 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Revenue-Once implemented upon a 30 day notice | National brand fund |
| Total Investment Range | $97,600 – $173,200 | Includes build-out, inventory, working capital |
The investment range of $98K–$173K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Revenue) and marketing fee (2% of Gross Revenue-Once implemented upon a 30 day notice) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee1 | $29,900 | $29,900 |
| Traveling and Living Expenses while Training2 | $3,000 | $6,000 |
| Real Property Rent Deposits and Pre-Paid Expenses3 | $12,000 | $30,000 |
| Furniture, Fixtures, and Décor4 | $35,000 | $60,000 |
| Construction of Leasehold Improvements 5 | $150,000 | $300,000 |
| Computer and POS System6 | $3,250 | $4,500 |
| Office Supplies, TV, Cameras7 | $1,500 | $5,000 |
| Initial Inventory and Supplies8 | $30,000 | $40,000 |
| Medical Equipment9 | $12,000 | $75,000 |
| Signage10 | $5,000 | $8,000 |
| Grand Opening Advertising11 | $2,500 | $5,000 |
| Business Licenses and Permits12 | $1,000 | $2,000 |
| Insurance (3 Months)13 | $1,300 | $1,500 |
| Professional Fees14 | $2,500 | $3,500 |
| Additional Funds (3 months)15 | $60,000 | $100,000 |
| Total16 | $348,950 | $670,400 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $15,000 |
| Renewal Fee | $7,500 |
| Technology Fee | $2,500 |
| Audit Fee | Amounts beyond the underpayment are due if the audit or any other inspection rev |
| Interest | Lesser of 1.5% per month or the highest commercial contract interest rate allowe |
| National Franchise Convention Fee | $500 |
| Insufficient Funds | $75 |
| Retraining Fee | $250 |
| Additional Training or Assistance | $250 |
| Testing of Products or Approval of new Suppliers | $1,000 |
| E-mail Maintenance Fee | $50 |
| Management Fee | $250 |
| Traveling and Living Expenses while Training2 | $3,000 |
| Real Property Rent Deposits and Pre-Paid Expenses3 | $12,000 |
| Furniture, Fixtures, and Décor4 | $35,000 |
| Construction of Leasehold Improvements 5 | $150,000 |
| Office Supplies, TV, Cameras7 | $1,500 |
| Initial Inventory and Supplies8 | $30,000 |
| Medical Equipment9 | $12,000 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 30 hours classroom, 54 hours on-the-job |
| Classroom Training | 30 hours |
| On-the-Job Training | 54 hours |
| Training Location | (Note 1) |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | You have the right to renew for additional ten (10) year terms by entering into a then current franchise agreement with us, which may contain materially different terms and conditions than your origin |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Eye & I Eyecare Franchise Earnings — Item 19
Eye & I Eyecare does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Eye & I Eyecare Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Eye & I Eyecare System Growth
Eye & I Eyecare currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | |
| 2021 | 0 | 0 | |
| 2022 | 0 | 0 | |
| 2022 | 0 | 0 | |
| 2023 | 0 | 0 | |
| 2023 | 0 | 0 |
Eye & I Eyecare Franchise — FAQ
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