Beautiful Downtown Optical Shop

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$285,000 $292,051

Retail: Health, Beauty, Nutrition


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RE: Beautiful Downtown Optical Shop Broker: Randy Bring
Owner Financing is Available!
$110,000 @ 7% for 60 months = $2,178.13/month.

Quick Facts

Asking Price: $285,000
Annual Revenue: $292,051
Net Profit: $104,071
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 1
BBN Listing #: 5939630
Broker Reference #: 0101500361

Email or Print Listing

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Business Overview:

Owner retiring after 23 years at same location. Absolutely beautiful retail optical shop in downtown, high-end demographic coastal community. All inventory, fully equipped lab and great below market lease included in this sale. Seller is a licensed optician and will stay on for extended transition if needed. Perfect tax return records- contact listing agent for 10-year financial report showing consistent sales and earnings year over year. This office was closed 12 weeks COVID related in 2020 but 1st quarter 2021 is back to, and better than, same period 2020 (pre-COVID). Short Monday-Friday 9-5 hours. Lots of upside for new owner including some basic advertising, website SEO, open on Saturday and accepting Medicare/Insurance which owner does not do now. Adjacent to very busy multi-Doctor ophthalmology practice where both businesses benefit from cross referral of patients. SELLER FINANCING FOR QUALIFIED BUYER. Please refer to listing #0101500361 & ask for Randy Bring when inquiring.

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Property Features and Assets:

1,000 Square Feet freestanding building @ $2,449/month.

Market Competition and Expansion:

Unknown/Unlimited.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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