affordable eye health and eyewear solutions

23 06, 2021

My Eyelab Signs Agreement to Open Nine New Stores in Alabama with Multi-Unit Franchise Group

2021-06-23T10:40:10-04:00June 23rd, 2021|Tags: , , , |

Successful My Eyelab Franchisees Investing in More Units in Multiple New Markets.

BIRMINGHAM, Ala. — My Eyelab, a retail brand of Now Optics, announced today it has signed an agreement which will bring nine new franchise stores to Alabama, marking the brand’s debut in the state. Growth in the coming months will be driven by business partners Zain Attawala and Sagar Panjwani, current My Eyelab franchisees with 17 open locations in the Atlanta, Georgia market. Attawala and Panjwani also signed an agreement to open two additional stores in Atlanta.

The Alabama deal will bring nine new locations to the Birmingham, Huntsville, and Montgomery markets. The new stores will feature an experience focused on convenience and ease with a contemporary design that highlights the latest technology – offering stylish glasses at an affordable price and an experience that makes shopping for prescription eyewear fun and easy.

“We feel so grateful to be a part of My Eyelab franchising and we’re incredibly excited to bring affordable eye care to the people of Alabama,” said Zain Attawala, My Eyelab franchisee. “The success we’ve had in Atlanta exceeded our expectations, and with how great the unit economics are combined with low start-up and operational costs, investing further in My Eyelab and expanding our reach into several untapped markets was a no-brainer.”

Under the leadership of founder and CEO Daniel Stanton, My Eyelab has led the retail eye care industry in ocular telehealth by leveraging proprietary innovative telehealth technology to provide patients with affordable and convenient eye exams. An assortment of over 2,000 frames to fit both style and budgets allows consumers the ultimate freedom to experiment with unique, stylish designs that fit their personal style. To date, the company has conducted more than 1 million telehealth eye exams, something no other retail eye care franchise can offer.

In addition to Birmingham, Huntsville and Montgomery, My Eyelab recently signed deals to bring locations to the Acworth and Peachtree City areas in Atlanta. The company currently has 62 franchise stores open and is on track to have 70 franchise units operating by year end. The new openings and signings in 2021 so far mark a 40 percent year-to-date growth rate over last year for My Eyelab, with 21 units currently in development. Between sister brands My Eyelab and Stanton Optical, Now Optics expects to have 247 stores by the end of the year.

For more information about My Eyelab, visit www.myeyelab.com. To learn more about franchise opportunities, visit www.myeyelabfranchise.com or contact Mike Wootton at mwootton@myeyelab.com.

ABOUT NOW OPTICS:

Now Optics is a leader in the eye care industry. Its retail brands, My Eyelab and Stanton Optical, are among the nation’s fastest growing, full-service retail eye care centers. The company continues to expand its retail footprint with over 200 corporate and franchise locations in 28 states while delivering affordable eye health and eyewear solutions. The company consistently ranks among the largest optical retailers in the country by Vision Monday and was ranked #3 on Entrepreneur’s list of Top New Franchises in 2021. Visit myeyelab.com or stantonoptical.com for more information. Find details about franchise opportunities at myeyelabfranchise.com.

6 05, 2021

My Eyelab Making Strides with Massive Expansion in Central Texas

2021-05-06T09:55:45-04:00May 6th, 2021|Tags: , , , |

Trio of Franchisees to Expand Optical Retail Brand in Dallas and Austin Areas.

DALLASMy Eyelab, a retail brand of Now Optics, is gearing up for expansion in the Austin and Dallas markets. This growth plan comes after a signed agreement from the end of 2020 with a trio of new franchisees looking to grow the brand in these two markets. The franchisees, Arash Ghanbari, Victor Mankrious, and Sameh Bekhit plan to open eight locations over the next three years with four in each market. Their first location is set to open in Dallas in August 2021, shortly followed by two more stores in Austin.

These franchisees have a unique portfolio of experience, having worked in mechanical engineering, research and development, dentistry and entrepreneurship. Ghanbari and Mankrious are mechanical engineers, equipping them to handle operations and the financial aspects of running their My Eyelab locations. Additionally, Mankrious and his wife have owned and operated a small pharmacy for the past five years. Bekhit is a dentist who owns and operates multiple dental practices. With this background in small business ownership, he will lead oversight of the operations.

“Growing the My Eyelab brand in Dallas and Austin is an honor, since we will have the opportunity to help the community by providing excellent eye care products and services,” said Arash Ghanbari. “We are looking forward to this opportunity to expand our portfolios and take a deep dive into the world of franchising with My Eyelab. This brand has an incredibly strong business approach that’s proven to work throughout the pandemic for plenty of franchisees, which is why we feel so confident in our pursuit.”

Added Victor Makrious: “We are excited to be joining a brand that’s demonstrated great economic power, focus on technological innovation and customer service. Through telehealth, we’re able to provide better, comfortable quality service to our customers and make ourselves more readily available to their needs. This is a future-forward brand sitting at the forefront of telemedicine, and we believe this is what will set us up for optimal success.”

My Eyelab remains committed to making franchising in the eye care space easier than ever. To continue its impressive trajectory, My Eyelab is seeking qualified entrepreneurs that share the same vision and have a passion for managing their own business. My Eyelab’s streamlined business model makes it easy for anyone to own and operate a retail eye care store and hit the ground running from day one. Their corporate team of experts have over 50 years of combined experience to share and provide the needed training and on-going support in all aspects of running the operation, from site selection to marketing, merchandising and technology.

For more information about My Eyelab, visit www.myeyelab.com. To learn more about franchise opportunities, visit www.myeyelabfranchise.com or contact John Bonewell at jbonewell@myeyelab.com, Craig Garwood at cgarwood@myeyelab.com or by calling 561-800-4868.

ABOUT NOW OPTICS:

Now Optics is a leader in the eye care industry. Its retail brands, My Eyelab and Stanton Optical, are among the nation’s fastest growing, full-service retail eye care centers. The company continues to expand its retail footprint with over 200 corporate and franchise locations in 28 states while delivering affordable eye health and eyewear solutions. The company consistently ranks among the largest optical retailers in the country by Vision Monday and was ranked #3 on Entrepreneur’s list of Top New Franchises in 2021. Visit myeyelab.com or stantonoptical.com for more information. Find details about franchise opportunities at myeyelabfranchise.com.

30 04, 2021

My Eyelab Ranked as a Top New Franchise by Entrepreneur Magazine

2021-04-30T10:41:09-04:00April 30th, 2021|Tags: , , , |

Retail Eyecare Franchise Ranks as No. 3 after an Impressive Year of Growth.

PALM SPRINGS, Fla.My Eyelab, a retail brand of Now Optics, announced today that the company has been ranked on Entrepreneur Magazine’s annual Top New Franchises and Fastest-Growing Franchises lists. Impressively, My Eyelab came in at No. 3 on the Top New Franchises list, which features 100 rising stars in the franchise world. Earlier this month, My Eyelab also ranked on the publication’s Top 500 Fastest-Growing Franchise list, which identifies franchises’ ability to leverage their ability to scale quickly across the globe, coming in at No. 148.

Entrepreneur Magazine’s annual Top New Franchises list features up-and-coming businesses that have been franchising for five years or less. The rankings are judged based on each brand’s score received in Entrepreneur’s Franchise 500 list that covers key areas like financial strength and stability, company size and growth, brand recognition and franchisee support. This prestigious list emphasizes attractive franchise brands across the U.S. to help potential business partners make high-upside investments. My Eyelab also recently ranked in the top 100 of Entrepreneur Magazine’s Franchise 500 this past January.

“As we look forward to another year of growth and expansion, we accept these great honors as an opportunity to recognize the tremendous job our teams did serving our communities during the COVID 19 pandemic,” said Daniel Stanton, Founder and CEO of Now Optics. “Our dedicated franchisees and employees understand the power of our telehealth services and the impact it has on our patients that need it. We can’t wait to see where we go next as we continue making eye care easy, and the demand for convenient and affordable eye care increases.”

Building off an impressive year of success in 2020, My Eyelab is staying true to its vision of modernizing the eye care experience for all people in 2021 and beyond. The company is forecasting 50 new franchise locations and 25 new corporate locations to arrive by the end of this year, including expanded reach into three new states.

To continue its impressive trajectory, My Eyelab is seeking qualified entrepreneurs that share the same vision and have a passion for managing their own business. My Eyelab’s streamlined business model makes it easy for anyone to own and operate a retail eye care store and hit the ground running from day one. Their corporate team of experts have over 50 years of combined experience to share and provide the needed training and on-going support in all aspects of running the operation, from site selection to marketing, merchandising and technology.

To learn more about franchise opportunities, visit www.myeyelabfranchise.com.

ABOUT NOW OPTICS:

Now Optics is a leader in the eye care industry. Its retail brands, My Eyelab and Stanton Optical, are among the nation’s fastest growing, full-service retail eye care centers. The company continues to expand its retail footprint with over 200 corporate and franchise locations in 28 states while delivering affordable eye health and eyewear solutions. The company consistently ranks among the largest optical retailers in the country by Vision Monday and was ranked #3 on Entrepreneur’s list of Top New Franchises in 2021. Visit myeyelab.com or stantonoptical.com for more information. Find details about franchise opportunities at myeyelabfranchise.com.