Edit ModuleShow Tags
Edit ModuleShow Tags

Pearle Vision ‘Zee Puts Money in Stores, Not Toys


Published:

Mike Arends is a long-time Pearle Vision operator in Minnesota who shares his philosophy about successful franchising.

Nicholas Upton

“The key to franchising is re-investing in the business,”declares Mike Arends, a long-time Pearle Vision franchisee in Minnesota with four stores, including a newly remodeled store in Eden Prairie Center that I recently visited to report a story about the brand. 

You could call his attitude a dream for the franchisor and instructive for other franchisees.

Arends says he is a fan of Pearle Vision’s management, both for the marketing that he calls “genius” and the organizational system. “My responsibility is to make sure these stores are perfect and every person they drive through this door, I can take care of. I love it,” he says. Arends proudly showed off his remodeled store and talked about his two adult daughters, Maggie and Jessy Arends, who are training to take over his business over time. 

He said of the new store, which cost $750,000 to build out, “I boot-strapped this one. Instead of buying a Porsche and the house on Lake Minnetonka,” referring to a tony locale, “I haven’t borrowed any money since 1997.”

 

 

Edit Module
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags


Covers everything from good news to bad judgment

About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is senior editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Laura MichaelsLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 

Archives

Categories

Feed

Atom Feed Subscribe to the Franchise Times News Feed »

Recent Posts