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AREA DEVELOPMENT AGREEMENTS FOR MULTI-UNIT FRANCHISORS
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Trade Publication Article
AREA DEVELOPMENT AGREEMENTS FOR MULTI-UNIT FRANCHISORS
2020
Overview
Jeff Butcher has been a licensed owner with Pearle Vision since 1999 and Chris Butcher joined Pearle Vision in 2011 after graduating from optometry school. \"Since we are both eye doctors and entrepreneurs, we knew from the beginning that we wanted to be multi-unit owners with Pearle Vision,\" says Chris Butcher. How It Started For the Butchers, the opportunity to sign a 15-unit area development agreement was a product of the right time and location, both for growth in their business and the brand. \"Area development agreements have been an important vehicle of growth for Pearle Vision. Because the agreements involve a minimum of three locations within a certain geographic area in exchange for reduced fees and exclusive territory rights, they are extremely attractive to franchise candidates interested in multi-unit ownership.
Publisher
International Franchise Association
Subject
