Seller's Contact Information
- RE: Established Franchise Optical Store
- Contact: Ken Stein
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $445,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $90,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 3 | |
BBN Listing #: | 55914701 | |
Broker Reference #: | 15117 |
Business Overview:
This established, profitable Optical store has been in the community for over 15 years. The store is nestled in a wonderful Bronx community surrounded by residential and commercial businesses. They have a steady, loyal, repeat clientele based on their years of quality service even though the business does little to no advertising. There is plenty of growth opportunity as they only offer Doctor Exams 3 days per week which could easily be increased. This is a fantastic opportunity for both an Optometrist as well as an Optician, the current owner is an Optician. The store generates over $445,000 in sales from a very small footprint and has low rent with a long-term Lease available. If a new owner operates the way the seller does, they would expect an Owner/Operator Earnings of $90,000. Priced for Quick Sale at only $199,000. Please ask for listing 15117 when inquiring about this opportunity.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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