The 2026 Vision Source FDD holds the Item 7 estimated initial investment range at $100,000–$450,000, and the system grows from 3,006 to 3,027 outlets (+0.7%) year-over-year. Neither filing includes an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $100,000 | $100,000 | unchanged |
| High end of range | $450,000 | $450,000 | unchanged |
| Full range | $100,000–$450,000 | $100,000–$450,000 |
The Item 7 estimated initial investment range matches across both filings at $100,000–$450,000.
2026 filing: No initial franchise fee is charged for new franchisees. The estimated initial investment range provided in Item 7 varies based on whether the franchise is for a new office or a conversion of an existing office. Purchases from affiliates are at the franchisee's option. See Item 6 for all other fees, including details on special reduced royalty programs.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 3,006 | 3,027 | +21 (+0.7%) |
| Franchised outlets | 3,006 | 3,027 | +21 (+0.7%) |
| Company-owned outlets | 0 | 0 | unchanged |
| Openings during the year | 182 | 188 | +6 |
| Closures during the year | 168 | 160 | −8 |
Vision Source reports 3,027 outlets in the 2026 FDD, against 3,006 in the 2025 filing — a change of +21 (+0.7%).
Outlet counts as each filing states them — 2025: December 31, 2024; 2026: December 31, 2025. The outlet counts include 6 locations that are independently owned by principal officers and classified as franchised. No company-owned outlets exist. Data in Item 20 tables includes counts by state, and further details on transfers and projected openings are shown.
Neither the 2025 nor the 2026 Vision Source filing includes an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Standard royalty rate | 2.5% | 2.5% | unchanged |
The standard royalty rate holds at 2.5% of Gross Receipts across both filings.
2026 filing: Royalty is subject to a cap of $48,000 per year for each Eye Care Center if paid and reported timely. There are reduced royalty programs and alternative computation methods based on program participation and local lawful restrictions, as described in Item 6.