OPSM, Laubman&Pank

    Registered as: Luxottica Franchising Australia Pty Ltd

    Retail AU 145 locations4.5 customer rating · 18,127 Google reviews across 145 locations

    This profile is aggregated from public sources.

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    Setup$593,350 – $1,700,000
    OngoingN/A
    Franchisees18
    Outlets24
    Locations145
    Customer rating4.5

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    About

    Overview

    OPSM and Laubman & Pank operate within the optical retail sector, providing professional optometry services and vision correction products. The franchise network focuses on clinical eye testing, the dispensing of prescription spectacles and contact lenses, and the sale of non-prescription eyewear, including sunglasses and associated optical accessories. These brands serve a broad consumer demographic requiring corrective vision solutions and preventative eye health assessments. The business model is structured around a storefront retail format, typically situated in high-traffic commercial areas or shopping centers. Revenue is generated through a combination of clinical service fees for optometric examinations and the retail sale of high-margin eyewear products. Franchisees operate under the global EssilorLuxottica umbrella, which allows for an integrated supply chain that includes proprietary lens technology and a varied portfolio of eyewear brands. Founded in 2010 as a franchise entity, the network maintains a significant presence in the Australian market. The combined brand footprint across Australia includes approximately 145 operational units. As part of a larger international eyewear ecosystem, the franchise integrates standardized operational procedures with specialized diagnostic instruments and manufacturing capabilities provided by its parent corporation.

    Registry Description

    Subject to the terms of the franchise agreement, optometry testing and dispensing of spectacles, contact lenses and sale of sunglasses, prescription glasses (if applicable) and associated product

    Key Data Points

    Setup Cost$593,350 – $1,700,000
    Ongoing PaymentsN/A
    Years in Operation16
    Franchisees (owner entities)18
    Franchised outlets24
    Franchisor-owned outlets386
    Operating InNSW, VIC, QLD, WA, SA
    Seeking InN/A

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