Luxury Eyewear Store - 26641

New York County, NY
New York County


Asking Price: Annual Revenue:
$300,000 $650,000

Services: Medical, Dental


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RE: Luxury Eyewear Store - 26641 Broker: Jay Goldman
Owner Financing is Available!
300,000.00 Down & Make Your Best All Down Offer!

Quick Facts

Asking Price: $300,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $132,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 43884447
Broker Reference #: 26641

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Business Overview:

This Luxury Eyewear Store near The Empire State Building and Penn Station is where local residents, commuters, and tourists keep coming back for their high-end eyewear, including prescription glasses, sunglasses, designer frames and contact lenses. Designer eyewear hails from Gucci, Bulgari, Tom Ford, Prada and many others. Just wait until you see this store's great Yelp reviews! Rent is only $6,958/month for 1,500 square feet of more than ample space. There are about 8 years left on the lease. Open Monday-Saturday 10am-8pm. The seller has been in the eyewear business for more than 25 years and is now ready to retire. All of the store's equipment and inventory is included in the asking price. His inventory is comprised of $55K in frames, $2.5K in contact lenses, and $2.5K in uncut eyeglass lenses. He estimates the replacement cost of the furniture, fixtures and equipment at $75K.A brand new central air conditioning system was installed recently. The seller's loyal and highly trained employees would like to stay on. You will have plenty of upside as the business has been successfully running without a website or any kind of social media strategy. Make Your Best All Down Offer --This One Won't Last Long!

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Reason for Selling:

Seller is retiring

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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