Eyemart Express LLC

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Eyemart Express LLC - overview

Established

1990

Location

Farmers Branch, TX, US

Primary Industry

Retail

About

Based in the US, Eyemart Express LLC specializes in providing eyeglasses, frames, and comprehensive eye care services. The company focuses on delivering affordable eyewear solutions with a commitment to speedy service for its customers. Eyemart Express LLC operates as a retail chain offering eyeglasses and eye care services. Founded in 1990 in Farmers Branch, US, the company has successfully engaged in three investment deals, with the most recent deal occurring on October 8, 2024.


The CEO of the company is Mike Nuzzo. Eyemart Express specializes in the retail of eyeglasses, frames, and comprehensive eye care services, including eye exams conducted by independent optometrists. The company offers a diverse range of eyewear products that cater to various demographics, including women's, men's, and children's glasses, as well as safety glasses. Their core product offerings are designed to provide affordable options for vision correction and style, with notable promotions such as significant discounts on multiple pair purchases and exclusive online offers.


Eyemart Express operates in numerous geographical markets across the United States, ensuring access to eyewear solutions for a broad customer base. The end users primarily include individuals seeking eyewear for personal use, with an emphasis on speedy service, as many glasses are finished in under an hour due to local lab operations. Eyemart Express generates revenue through direct sales of eyewear products and ancillary services, primarily targeting consumers in the retail market. Transactions typically occur in-store, where customers select frames and lenses, complete eye exams, and finalize their purchases directly with store personnel.


The company has structured its pricing to include promotional offers, such as substantial discounts for purchasing multiple pairs, which incentivizes higher sales volume. Their flagship offerings include a range of frames and lenses designed to meet varying budgets and aesthetic preferences, reinforcing their commitment to accessibility in vision care. This direct-to-consumer model positions Eyemart Express favorably in the eyewear market, enhancing customer loyalty through expedited service and competitive pricing strategies. In October 2024, Vision Service Plan agreed to acquire Eyemart Express LLC from Leonard Green & Partners and FFL Partners, with financial terms undisclosed.


This acquisition will enhance Vision Service Plan's service offerings and expand its network, particularly in rural and underserved areas, aligning with their strategy to reach more customers through complementary locations.


Current Investors

Leonard Green & Partners, FFL Partners

Primary Industry

Retail

Sub Industries

Accessories, Retail, Optometrists & Opticians Products and Services

Website

www.eyemartexpress.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Eyemart Express LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedEyemart Express LLC-
GrowthCompletedEyemart Express LLC-
BuyoutCompletedEyemart Express LLC-

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