How To Value a Specsavers Franchise

Specsavers optical franchises are valued via a yield-based valuation methodology.

Date:
Written by: Myers La Roche

There are certain times when you want to know the value of your Specsavers Franchise, and having an experienced, independent expert in your corner can help you face them with confidence. Myers La Roche have developed a comprehensive valuation model, helping you maintain confidentiality as we do not even have to visit your franchise.


To carry out a Specsavers practice valuation the following information will normally be required:


  • The latest available 3 years full published accounts
  • Any additional up to date management figures that are available for more recent trading months
  • A completed copy of our Specsavers franchise valuation questionnaire (which captures details of staffing, security of tenure, equipment schedules etc.)
  • A copy of the partner's current franchise/JV agreement
  • Digital photographs/and or a walk-through video of the practice to allow an assessment of the quality/wear and tear of the current shop fit.


We will NOT require a site visit to complete our valuation assessment report 


Timescales and Process


Specsavers valuations are typically delivered within 20 working days of receipt of the required information, although subject to our workload, it may be possible to expedite this time frame when circumstances genuinely require a faster turn-around for our clients. 


As we build our valuation model, we may need to ask you to clarify any queries arising - in some instances you may need to refer more technical questions to your accountant or to a member of the support team in Guernsey - however, we will endeavour to make the process as easy and trouble free as possible.


If you want to know more about how Optical Practices of all types are valued, please refer to our Optical Practice Valuation Guide


If you're ready for a confidential conversation about valuing your franchise please call our Consultancy team on 0161 929 8389 or email us

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Get in Touch

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