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Sterling Optical/Site for Sore

The total investment to open a Sterling Optical/Site for Sore franchise ranges from $170,000 to $962,000. The initial franchise fee is $10,000.

What is the Sterling Optical/Site for Sore franchise?

Sterling Opticalsite For Sore combines the histories of Sterling Optical and Site for Sore Eyes under Emerging Vision, Inc. Sterling Optical opened in 1914 in New York City’s financial district. Site for Sore Eyes began in Berkeley, California, in 1979 and developed its optical franchising program by 1985. The two brands joined the Emerging Vision, Inc. corporate family in 1993. Emerging Vision is headquartered in Garden City, New York, and Glenn Spina serves as CEO. Its other brands include The Eye Gallery and OPTICA. Sterling Optical expanded through acquisitions, including IPCO in 1966, Benson, Superior, Singer Specs, D&K Optical, and Vision Centers of America in 1996. The IPCO acquisition helped the brand become one of the largest retail optical chains in the Northeast. Sterling Optical also developed proprietary private label brands and partnerships with frame vendors worldwide. The broader Sterling Optical network reported 109 units in 2023, including 92 franchised units and 17 company owned units. The specific Sterling Opticalsite For Sore opportunity reviewed by PeerSense has 7 total units, all franchised. The U.S. eye care market was valued at USD 27.3 billion in 2024 and is projected to reach USD 41.23 billion by 2030, representing a 7.1% Compound Annual Growth Rate. These figures place the franchise within a large market serving ongoing eye care needs and an aging population.

The broader U.S. optical industry reached $68.3 billion in 2024 after growing 2.7% from 2023. U.S. optical retail was estimated at $76.5 billion in 2022. Demand is supported by the rising prevalence of myopia, glaucoma, and cataracts, along with population aging. Eye exams account for nearly 65% of optometry visits. Eyeglasses and contact lenses together generate more than 60% of industry revenue, while contact lenses held a 36.1% share of the eye care market in 2024. Artificial intelligence based diagnostics and digital eye examination tools were used by nearly 40% of practices. Tele optometry and personalized treatments are also developing within the category. Greater screen time across age groups and increasing myopia among children create additional demand. In 2024, consumers showed more interest in conservative spending and budget friendly eyewear, but continued to spend on professional eye care. The market value of eye exams rose 14% in the second quarter of 2025 compared with the second quarter of 2024, even as exam volume fell 4.5%. The average value of a pair of frames increased by an estimated $21 while frame unit volume declined slightly.

The specific franchise fee for Sterling Opticalsite For Sore is not available. Historical Sterling Optical information lists an initial franchise fee from $10,000 to $30,000. An older 2008 source lists $20,000 for a new franchise and $10,000 for acquiring an existing store. The PeerSense database estimates total initial investment from $170,000 to $962,000. Other reported Sterling Optical investment ranges are $212,000 to $580,000, $175,790 to $838,750, $33,000 to $2,094,000, and $66,660 to $2,110,180. FDD expense categories include an initial nonrecurring franchise fee of $10,000 to $30,000, first month’s rent of $3,300 to $30,000, leasehold improvements of up to $250,000, furniture, fixtures, and office equipment of up to $100,000, professional equipment of up to $150,000, computer equipment and software from $540 to $11,250, initial inventory from $10,000 to $100,000, and signage of up to $10,000. Other listed expenses include insurance, utility and tax deposits, grand opening advertising, document preparation, and franchisee legal fees, although the source includes data gaps in their stated ranges. Document preparation fees are listed up to $2,500, and franchisee legal fees up to $10,000. Acquiring an existing business as a going concern can range from $10,000 to $1,500,000, reflecting the option to convert an independent optical practice. Additional working capital is estimated at $5,000 to $90,000. The ongoing Sterling Optical royalty fee is 8.00%. A 2008 source described a sliding royalty scale that began at 2% in the first year and reached 8% by the fourth year. The advertising or national brand fund fee is 6.00%.

Franchisees operate locations that provide personalized customer service, comprehensive eye examinations, contact lens fitting, and treatment for various eye conditions. The retail side includes helping customers choose frames that suit their features and lifestyle. Locations typically use trained opticians and other staff members who follow the brand’s service standards. Franchisees may open a new location, acquire and convert a company operated location, or convert an independent optical business or smaller chain into a branded unit. Support includes site evaluation, experienced lease and real estate negotiators, construction guidelines, and décor recommendations. Sterling Optical describes nearly 90 years of experience supporting new locations. A certified in field training team provides continuing assistance and education. Initial training covers operation of a Sterling Optical Center through classroom instruction and hands on training at existing locations. Corporate support is available 24/7. The system also supports national and regional cooperative advertising, point of sale customer retention programs, and a Franchise Advisory Committee. Territory protection uses a Designated Territory generally based on lease provisions or population density. In a dense urban area, the radius might be as small as four blocks. In a rural area, it could extend from three to five miles. Sterling Optical agrees not to authorize another Center under the same tradename within the designated area, although the protection is not absolute. Revenue sources include eye examinations, prescription eyewear, contact lenses, and designer sunglasses. The model is intended for an owner operator who remains closely involved with customer experience.

The market context includes a U.S. eye care market valued at USD 27.3 billion in 2024 and projected to reach USD 41.23 billion by 2030 at a 7.1% Compound Annual Growth Rate. The broader U.S. optical industry was valued at $68.3 billion in 2024 and grew 2.7% from 2023. Eye exam market value increased 14% in the second quarter of 2025 compared with the second quarter of 2024 despite a 4.5% decline in volume. The average frame value increased by an estimated $21 while frame volume decreased. Andrew and Heather Freilich increased an existing Sterling Optical location’s annual business from $500,000 to nearly $2 million in two years through customer service and sustained effort.

The specific Sterling Opticalsite For Sore franchise has 7 total units, all franchised. The Sterling Optical network had 109 units in 2023, including 92 franchised and 17 company owned units. In 2008, the combined Sterling Optical and Site for Sore Eyes network had nearly 200 locations nationwide. By July 2014, Sterling Optical had more than 125 locations across the United States and the U.S. Virgin Islands, while Site for Sore Eyes had 40 locations, primarily in California. Sterling Optical reported adding more than 50 locations since 2009. FDD data from 2017 listed 101 franchised Sterling Optical locations across 9 states. The Northeast had 42 locations, with additional presence in the Midwest. Emerging Vision’s 2025 Annual Franchise Meeting in Doonbeg, Ireland, also recognized record comparative sales growth across several large regions nationwide. Brand recognition draws on Sterling Optical’s founding in 1914 and Site for Sore Eyes’ establishment in 1979. Operational systems have been developed over decades, with corporate support available 24/7. Private label products, worldwide frame vendor partnerships, and strategic acquisitions add to the system’s purchasing and product capabilities. Sterling Optical is also developing online eye screening tests that let customers assess possible nearsightedness, farsightedness, astigmatism, or other eye health issues.

The prospective franchisee is generally an entrepreneur who is prepared to provide strong customer service in a healthcare retail setting. Running a center requires business judgment and the ability to manage medical professionals and retail staff. Andrew and Heather Freilich grew their Sterling Optical location’s annual business from $500,000 to nearly $2 million in two years by putting in the time, accepting patients, and providing great customer service. Their results support a hands on owner operator approach. Dedication, interpersonal ability, and proactive management may matter more than previous optical experience because the system provides training. The model also supports multi unit development. In 2008, the company was seeking franchised store growth and predicted significant expansion over five years. Available territories are identified through expansion opportunities in existing and adjacent states, with attention to underserved markets. The brand has a strong northeastern presence in New York, New Jersey, Maryland, and Pennsylvania, where it had 42 locations in 2017. It also has locations in Wisconsin, Illinois, Indiana, Minnesota, and North Dakota. The territory history indicates opportunities across different population densities and economic conditions. Nearly 90 years of corporate experience, construction guidelines, and décor recommendations are intended to make the process from franchise agreement to opening more efficient and cost effective. The franchise agreement term length is not available.

Sterling Opticalsite For Sore offers access to a long established optical system serving routine eye care and eyewear needs. Sterling Optical began in 1914, while Site for Sore Eyes began in 1979. The category benefits from aging demographics, vision disorders, recurring examinations, and demand for corrective products. Support includes site evaluation, lease and real estate assistance, training, construction guidance, cooperative advertising, and 24/7 corporate assistance. The investment requires review of the estimated $170,000 to $962,000 total initial range, the reported franchise fees, royalty, advertising fee, working capital, and the possible cost of acquiring an existing business. The market includes USD 27.3 billion in U.S. eye care revenue in 2024, projected to reach USD 41.23 billion by 2030 at a 7.1% Compound Annual Growth Rate, and a broader U.S. optical industry valued at $68.3 billion in 2024. Revenue can come from examinations, prescription eyewear, contact lenses, and designer sunglasses.

Loan Activity Score

52/100

SBA Default Rate

0.0%

Active Lenders

3

According to its Franchise Disclosure Document or public business records, Sterling Optical/Site for Sore has 7 locations, all owned by franchisees. Public SBA loan records show 3 lenders made 9 loans to franchisees of Sterling Optical/Site for Sore. PeerSense calculates Sterling Optical/Site for Sore's score as 52 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2023 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.

2023 FDD ON FILEOffices of Optometrists

Franchising since 2009 · 7 locations

Investment

$170,000 to $962,000

Franchise Fee

$10,000

Total Units

7

7 franchised

Loan Activity Score
Medium
52
SBA Lending
25
Lender Quality
9
Transparency
9
Reach
5
Momentum
4

Proprietary PeerSense metric

Moderate
Capital Sources
3SBA lenders

Distinct lenders in public SBA records for Sterling Optical/Site for Sore

9

Total SBA loans

$455K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Sterling Optical/Site for Sore

Loan Activity Score Breakdown

Emerging (3 to 9 loans)

Medium Confidence
52out of 100
Moderate
Market Momentum4/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency9/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint5/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 3.2% peer avg

SBA Loans

9

Total Volume

$4.1M

Active Lenders

3

1 selective

States

5

vs. SBA Sector Average

+3.2%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Sterling Optical/Site for Sore based on SBA lending data

SBA Default Rate

0.0%

3.2% below peer avg

SBA Loan Volume

9 loans

Across 3 lenders

Lender Diversity

3 lenders

Avg 3.0 loans per lender

Investment Tier

Significant investment

$170,000 to $962,000 total

Sterling Optical/Site for Sore: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2018

4 approvals. The best year on record for Sterling Optical/Site for Sore.

Top SBA State

Pennsylvania

4 SBA financed Sterling Optical/Site for Sore locations, the densest operator footprint.

Average Loan Size

$455K

Median $325K. Use as a sizing anchor when modeling your own Sterling Optical/Site for Sore unit.

Lender Concentration

100%

Concentrated

Share of Sterling Optical/Site for Sore approvals captured by the top 3 SBA lenders.

Sterling Optical/Site for Sore's SBA lending pipeline peaked in 2018 (4 approvals). The last five fiscal years account for 33% of cumulative volume ($2.4M approved). Operator density is highest in Pennsylvania with 4 SBA financed locations. Average funded ticket sits at $455K, with the median at $325K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$136K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,760

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Sterling Optical/Site for Sore, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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1 FDD Available for Sterling Optical/Site for Sore

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Sterling Optical/Site for Sore

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman

This is not a franchise offering and does not constitute financial, investment, or legal advice. Data is sourced from Franchise Disclosure Documents (FDDs), public filings, and third party sources and may contain inaccuracies. The figures reflect the FDD on file for the year shown and may have been superseded or extracted with errors. PeerSense is not a financial advisor, attorney, or accountant. Always consult the brand's current FDD and seek professional guidance from a qualified attorney, accountant, or financial advisor before making any franchise investment decision. See full Terms & Conditions.