PALM SPRINGS, Fla.—My Eyelab, a retail brand of Now Optics, has been ranked on Entrepreneur Magazine’s annual Top New Franchises and Fastest-Growing Franchises lists. My Eyelab came in at number 3 on the Top New Franchises list, which features 100 rising stars in the franchise world. Earlier this month, My Eyelab also ranked on the publication’s Top 500 Fastest-Growing Franchise list, which identifies franchises’ ability to leverage their ability to scale quickly across the globe, coming in at No. 148.

“As we look forward to another year of growth and expansion, we accept these great honors as an opportunity to recognize the tremendous job our teams did serving our communities during the COVID 19 pandemic,” said Daniel Stanton, founder and CEO of Now Optics. “Our dedicated franchisees and employees understand the power of our telehealth services and the impact it has on our patients that need it. We can’t wait to see where we go next as we continue making eyecare easy, and the demand for convenient and affordable eyecare increases.”

Now Optics said it is forecasting 50 new franchise locations and 25 new corporate locations to arrive by the end of this year, including expanded reach into three new states. The company also operates retail optical stores under the Stanton Optical banner.

Entrepreneur Magazine’s annual Top New Franchises list features up-and-coming businesses that have been franchising for five years or less. The rankings are judged based on each brand’s score received in Entrepreneur’s Franchise 500 list that covers key areas like financial strength and stability, company size and growth, brand recognition and franchisee support.

This prestigious list emphasizes attractive franchise brands across the U.S. to help potential business partners make high-upside investments. My Eyelab also recently ranked in the top 100 of Entrepreneur Magazine’s Franchise 500 this past January.