Eyeglass World
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Eyeglass World - overview
Established
1988
Location
Lake Worth, FL, US
Primary Industry
Retail
About
Eyeglass World is a retail chain specializing in eyeglasses, contact lenses, and comprehensive eye exam services, aiming to provide effective and accessible vision solutions to customers of all ages. Founded in 1988 in Lake Worth, US, Eyeglass World operates under the ownership of National Vision, Inc. after its acquisition from Vision Care Holdings LLC in January 2009. The company continues to focus on providing a diverse range of eyewear and optical services.
Eyeglass World specializes in providing a diverse range of eyeglasses, contact lenses, and eye exam services tailored for consumers seeking effective vision solutions. Their core product offerings include prescription glasses available in various styles and shapes, as well as a wide selection of contact lenses from recognized brands such as Acuvue and Biotrue. The company aims to address customer needs for both corrective vision and aesthetic preferences, catering to individuals of all ages including adults and children. Additionally, Eyeglass World emphasizes eco-friendly practices, demonstrating a commitment to sustainability in their operations.
Their products are primarily marketed and sold across the United States, targeting urban and suburban demographics that require accessible eye care solutions. Eyeglass World generates revenue through the direct sale of eyewear products and eye exam services to consumers. The business model incorporates retail transactions, with customers purchasing prescription glasses and contact lenses both in-store and online. The company offers promotional deals such as "Buy One Get One Free" on select eyewear, which enhances customer acquisition and retention.
Revenue streams include direct-to-consumer sales of individual products, such as glasses priced at various tiers, and bundled offers for eye exams in conjunction with eyewear purchases. This dual approach to revenue generation not only facilitates diverse customer engagement but also positions the company competitively within the eyewear market. Eyeglass World is focused on future growth through innovative product launches and market expansion strategies. The company plans to introduce new eyewear styles and enhanced eye exam technologies in the upcoming year.
Additionally, Eyeglass World aims to expand its presence in new geographic regions across the United States by 2025. The recent acquisition in January 2009 has positioned Eyeglass World to leverage resources from National Vision, Inc. to support these growth initiatives.
Current Investors
National Vision Holdings, Inc.
Primary Industry
Retail
Sub Industries
Retail, Healthcare, Optometrists & Opticians Products and Services
Website
www.eyeglassworld.com
Verticals
Wearables & Quantified Self
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Eyeglass World - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Eyeglass World | - |
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