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Optical Business
Location: United States -> New York
Industry: Retail > Other Retail




Business Summary

Price Drop 30 Year Optical Business

This store has been serving their community for almost 30 years. Priced to sell with inventory and equipment as part of the package, a new owner will hit the ground earning money. Attractively priced for an optician, as the current owner is himself, an optometrist would see additional revenue straight to the bottom line. While the exam room is small, with the digital equipment in place the layout has been working for years. If a new owner wants to open up the space they can make use of the full size basement which is available but not used at present. There is also the possibility to take on more space if you have thoughts of expansion.

Seller Financing is a possibility for a qualified buyer.

Additional Opportunity for an owner that provides Saturday hours which the current owner does not.

the Business has been around for 28 years, with the last ten by the current owner.

There is a Cohens optical a few blocks and a few avenues over but no other competitors

If this was owned by a doctor, or you could provide eye exams on demand you would see immediate growth. Right now we bring a doctor in one to two times per week.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $470,680
Cash Flow:   $168,247
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $120,000
Seller Financing:  Yes

About The Business

Year Established:  1993
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  career change

Photos

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Optical Business Photo 1




Print Listing Id: 700370831
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