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Friday / August 19.
Homeminews‘Free’ Start-up for Specsavers in Canada

‘Free’ Start-up for Specsavers in Canada

Specsavers has expanded into Canada, announcing plans to invest in business-minded optometrists and optical dispensers by covering 100% of start-up costs. In the process, the organisation will invest CAD$100M while creating 2,000 jobs.

The internationally successful Specsavers ‘joint venture partnership’ franchise model has been adapted to account for Canadian optometry and opticianry ownership rules.

Specsavers says the unprecedented investment decision has been made to boost optometry clinic and optical store ownership for optometrists and opticians in Canada, and help them achieve success while remaining autonomous, competitive, and able to provide consumers with better patient care and greater variety of affordable, high-quality eyewear.

“There is no other way to achieve the best patient care than to deliver ownership and autonomy for Canadian optometrists and opticians,” said Bill Moir, until recently Trading Director at Specsavers in Australia and now General Manager of Specsavers Canada. “At a time when we’re seeing more and more consolidation in the Canadian market, with independent optometrists and opticians being encouraged to sell their practices to a handful of larger players, we intend to reverse that trend and offer an alternative that enables them to own a thriving business, have access to cutting-edge technology and put their patients first.”

Specsavers is seeking passionate optometrists and opticians who share the company’s mission of providing accessible, quality eye care to all. By covering all establishment costs (which average $500,000), Specsavers will enable them to start their clinic and optical store debt-free, while supporting their career progression with a variety of development initiatives as they grow their business.

Optometry and retail partners will begin receiving earnings generated by both the optometry clinic and the optical store right away. 

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