Optical Boutique in Minneapolis

Not Disclosed, MN
Hennepin County


Asking Price: Annual Revenue:
$180,000 $235,906

Retail: Non-classifiable


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RE: Optical Boutique in Minneapolis Broker: Brian Caldwell

Quick Facts

Asking Price: $180,000
Annual Revenue: $235,906
Net Profit: Not Disclosed
Cash Flow: $82,224
Total Debt: Not Disclosed
FF&E: $8,368
Real Estate: Not Disclosed
Year Established: 1985
Employees: Not Disclosed
BBN Listing #: 704950297
Broker Reference #: 17441-626643

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Business Overview:

This long established fashion optical boutique retail store is profitable and known for its personal service, expert fitting, and high quality frames. It boasts a high repeat customer rate, and is located in a popular shopping district.

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Property Features and Assets:

Owned for 33 years at this location.

Market Competition and Expansion:

Significant growth potential if eye examinations are provided by optometrist. The industry is experiencing growth due to aging population and the culture that enjoys fashion statements with eye wear.

Reason for Selling:

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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