My Eyelab Lands Multi-unit Agreement in Atlanta
Leading optical retailer signs 18-store deal to further expand teleconsulting services in Georgia.
August 01, 2017 // Franchising.com // Palm Springs, FL - My Eyelab, (www.myeyelab.com) one of the fastest growing retail optical centers in the nation, announced today the signing of an 18-location, multi-unit franchise deal to expand operations across the Atlanta metro area. The first of the 18 locations is slated to open on September 21, 2017 in the heart of downtown Atlanta.
Leading the Atlanta expansion are co-owners and principals Mehboob Panjwani and Shiraz Attawala. Panjwani brings more than 15 years of retail and franchise expertise from his time with Dunkin Donuts and Marcos Pizza, along with three decades in accounting and finance. Attawala has diverse experience maintaining financials and operations for wholesale and retail jewelry stores, convenience stores-warehouse, and petroleum providers.
Other integral members of the team include Zain Attawala and Sagar Panjwani. Previously, Attawala served as an Actuarial Analyst at BB&T Insurance Holdings, Inc. while Panjwani, an experienced risk management professional, comes from a rich lineage of franchise experience through his father.
“When we began to investigate franchise opportunities, we determined that My Eyelab’s strategic vision aligned well with our desire for a scalable and sustainable business model,” said Zain Attawala. “The multi-unit agreement, aided by My Eyelab’s strategic training and support, will allow us to provide consistent service, quality eyeglasses and expert eye care services to the people of Greater Atlanta.”
Vision Precision Holdings, the parent company of My Eyelab and Stanton Optical, recently earned recognition as the 18th largest optical retailer in the U.S. by Vision Monday, currently operating 75 corporate locations with 13 more expected to open by the end of 2017. My Eyelab is seeking single and multi-unit franchise owners in the priority markets of Florida, Pennsylvania, Virginia, Texas and North Carolina.
“The addition of Zain and Sagar to the My Eyelab team represents a major step for the franchise brand, with Atlanta being the beneficiary of our one-of-kind services,” said Daniel Stanton, CEO and co-founder of My Eyelab. “Between our intelligent, technology-based approach to eye care, and our dedication to continuous innovation, the My Eyelab optical business model is unlike any other.”
The location will reside at 6735 Jonesboro Road, Morrow, GA 30260. For more information about My Eyelab’s optometry practice for sale, visit www.myeyelab.com/franchise.
About My Eyelab
Founded in 2013, My Eyelab is one of the fastest growing full-service teleconsulting and retail optical centers in the nation. With the mission to provide quality eyeglasses and expert eye care services, My Eyelab has become a leader in the eye health industry by developing an accessible alternative to overpriced eye care services.
Franchising since 2016, My Eyelab consistently ranks among the largest optical retailers in the United States by Vision Monday. My Eyelab offers single and multiunit franchise options, with an initial franchise fee of $24,900, a $200,000 liquid cash investment, and $500,000 minimum net worth requirement for interested prospects.
SOURCE My Eyelab