About MK Vision Center Franchise
MK Vision Center is an optometry franchise offering prescription glasses, contact lenses, sunglasses, and related vision care products and services.
Each location operates as a retail optical center where customers receive professional eye care, browse a curated selection of eyewear, and purchase FDA compliant vision products in a convenient, accessible setting.
The franchise fee is $50,000, and MK Vision Center has been franchising since 2023.
MK Vision Center Franchise Cost & Fees
Minimum Investment
$358K
Average Investment
$491K
Maximum Investment
$624K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $50,000 | One-time payment upon signing |
| Royalty Fee | 5% of Monthly Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Sales (Brand Fund Contribution, up to 3%) and 1% of Gross Sales (Local Advertising Expenditures) | National brand fund |
| Total Investment Range | $357,850 – $624,250 | Includes build-out, inventory, working capital |
The investment range of $358K–$624K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Monthly Gross Sales) and marketing fee (1% of Gross Sales (Brand Fund Contribution, up to 3%) and 1% of Gross Sales (Local Advertising Expenditures)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $50,000 | $50,000 |
| Travel Expenses for Initial Training | $3,000 | $10,000 |
| Leasehold Improvements | $100,000 | $200,000 |
| Furniture and Fixtures | $15,000 | $50,000 |
| Signage | $3,500 | $10,000 |
| Equipment | $70,000 | $100,000 |
| Computer System and Licenses | $2,000 | $3,500 |
| Rent and Security Deposit | $10,000 | $40,000 |
| Opening Inventory and Supplies | $28,000 | $48,000 |
| MK Vision Eyewear Fee | $12,000 | $15,000 |
| Grand Opening Marketing | $10,000 | $20,000 |
| Uniforms | $100 | $250 |
| Insurance | $1,000 | $1,500 |
| Business Licenses | $250 | $1,000 |
| Professional Fees | $3,000 | $5,000 |
| Additional Funds - 3 months | $50,000 | $70,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 for transfers of a majority or controlling interest; $2,000 for transfers of a minority and non-controlling interest |
| Renewal Fee | Not to exceed $5,000 per week (Late Renewal Notice Fee) |
| Technology Fee | Currently, $1,250 per month but subject to change at any time upon 30 days’ written notice to you |
| Audit Fee | Our costs and expenses, including costs for an independent accountant and attorneys’ fees and related travel and living expenses (Payable if audit shows understatement of Gross Sales for 2% or more) |
| Maintenance, Refurbishment and Renovation Expenses | Will vary under circumstances |
| Insurance Premiums and Reimbursement | Will vary under circumstances |
| Late Charges | Lesser of 18% per annum or maximum rate permitted by law |
| Relocation Fee | Up to $2,500 |
| Initial Training Fee for Additional or Replacement Trainees | $0 per trainee for up to 3 trainees; $500 per day for additional on-site training |
| Additional Training Programs | Varies based on program |
| Online Consulting Services | Hourly fee between $75 - $200 per hour |
| In-Person Consulting Services | $500 - $1,000 per employee per day, plus their travel and living expenses |
| Product, Service, Supplier, and Service Provider Review | Our cost of the inspection and our actual cost of testing the proposed product or evaluating the proposed service or service provider, including personnel and travel costs |
| Inspection | Our expenses incurred in inspecting your business (ourselves, through our employees or agents), including travel and living expenses, wages, and other expenses for our employees |
| Remedial Expenses | Our expenses incurred in correcting your operational deficiencies |
| Indemnification | Amount of our liabilities, fines, losses, damages, costs, and expenses (including attorneys’ fees) |
| Enforcement Expenses | Our cost to de-identify your Franchised Business |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | one-week session |
| Classroom Training | 15 |
| On-the-Job Training | 12 |
| Training Location | Our home office or another designated location, which may include our headquarters in New York, one of our Company-Owned Outlets, or your Center, in a combination of online and in-person formats. |
| Additional Training | We may periodically conduct mandatory training programs for management personnel and/or employees at our office or another designated location. We also offer optional, fee-based educational services and training for non-licensed individuals. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Typically a three-to-five-mile radius around your Center. In a Central Business District, it may be limited to a geographic area of two to three blocks around your Center. |
| Description | The boundaries of your Territory may be described in terms of zip codes, streets, landmarks (both natural and man-made) or county lines, or otherwise delineated on a map. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | additional terms of 10 years |
| Renewal Fee | Not to exceed $5,000 per week (Late Renewal Notice Fee) |
| Renewal Conditions | You must give written notice of intent to renew, be in good standing, cure any defaults, satisfy all monetary obligations, provide a current lease, execute our then-current franchise agreement (which may have materially different terms but no initial franchise fee), attend refresher training, and execute a general release. |
| Transfer Fee | $5,000 for transfers of a majority or controlling interest; $2,000 for transfers of a minority and non-controlling interest |
| Transfer Conditions | All accrued monetary obligations must be satisfied, no defaults, consideration terms must be reasonable, transferor and guarantors execute a general release, transferor and transferee execute an indemnification agreement, transferee assumes obligations, transferee meets our standards, transferee executes our then-current franchise agreement (which may have materially different terms but no initial franchise fee), transferor remains liable for prior obligations, transferee completes training, transfer agreement terms are approved, and transferee does not finance more than 50% of purchase price. |
| Termination for Cause | We can terminate if you default under the Franchise Agreement or any other agreement with us. Curable defaults (e.g., selling unapproved products, failure to pay amounts owed, violation of law) have 10-30 days to cure. Non-curable defaults (e.g., bankruptcy, abandonment, felony conviction, material misstatement in reports, misuse of marks, underreporting sales by 5% or more three times in 18 months, deleterious conduct) result in immediate termination. |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term of the franchise, you may not divert business, solicit employees, or have an interest in any retail business selling similar products/services. After termination or expiration, for two years, you may not own, operate, conduct, engage in, be employed by, or have an interest in any retail business substantially similar to an MK Vision Center or one that derives 15% or more of its revenues from similar products/services within your Territory or 25 miles of any Center you operated. You also may not solicit customers of formerly operated Centers. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Franchised Business must be under the personal supervision of you, your Operating Principal, your Key Manager, or a trained attendant at all times it is open. The Operating Principal must have at least a 10% ownership interest in your Entity and authority over all business decisions. A Key Manager must be appointed to manage day-to-day business and may also be the Operating Principal. You and/or your Operating Principal and Key Manager must successfully complete our training program. |
| Required Suppliers | We or our affiliates are the Approved Supplier for certain lenses, frames, and inventory necessary to operate your Center. You must purchase all exam equipment and certain lenses, frames, and inventory from the provider we require, which may be us. You must purchase and subscribe to a point-of-sale (POS) system software and hardware from the Approved Supplier we designate. |
| Supply Restrictions | We have the right to require that furniture, fixtures, signs and equipment, and products, supplies, and services meet specifications, be a specific brand/kind/model, be purchased/leased only from expressly approved suppliers, and/or be purchased/leased only from a single designated source (which may include us or our affiliates or a buying cooperative). |
| Franchisor Revenue from Suppliers | We or our affiliates may receive revenues or profits or other material consideration from your purchases of apparel and merchandise, project management services, furniture, fixtures, equipment, technology, signage and graphics, services we or they may offer, and other items we specify. We or our affiliates may retain any rebates or other payments we receive from suppliers. As of the issuance date, we have not established arrangements with suppliers requiring rebate payments, nor have we received any revenue, rebates, or other material consideration from franchisee required purchases. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
MK Vision Center Franchise Earnings — Item 19
Average Revenue
$1.2M
Revenue Range
$900K – $1.6M
Sample Size
2 units
Past financial performance does not guarantee future results. Individual results will vary.
MK Vision Center Litigation & Risk Flags
Clean Litigation RecordMK Vision Center has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
MK Vision Center System Growth
Total Units
2
Franchised
0
Company-Owned
2
MK Vision Center currently operates 0 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | 2 |
| 2021 | 0 | 0 | 2 |
| 2022 | 0 | 0 | 2 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Total Assets
$9K
Audited by Jeffrey Eng Certified Public Accountant P. C. for year ending December 31.
MK Vision Center Franchise — FAQ
The total investment to open a MK Vision Center franchise ranges from $357,850 to $624,250, per their Franchise Disclosure Document. This includes the initial franchise fee of $50,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
MK Vision Center charges a royalty fee of 5% of Monthly Gross Sales of gross sales, plus a 1% of Gross Sales (Brand Fund Contribution, up to 3%) and 1% of Gross Sales (Local Advertising Expenditures) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the MK Vision Center Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from MK Vision Center to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, MK Vision Center franchise owners report average revenue of $1.2M. This is based on a sample of 2 units. Past performance does not guarantee future results.
MK Vision Center has been franchising since 2023. The FDD shows an investment range of $357,850-$624,250, a 5% of Monthly Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $50,000 and the total investment ranges from $357,850 to $624,250 depending on location size and market. A minimum of $50,000 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from MK Vision Center and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with MK Vision Center or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com