Established Independent Optical Store For Sale!

Oklahoma City, OK
Oklahoma County

Asking Price: Annual Revenue:
$1,500,000 $1,376,909

Retail: General Merchandise - Retail

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RE: Established Independent Optical Store For Sale! Broker: P Michael Veltri

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,376,909
Net Profit: Not Disclosed
Cash Flow: $280,000
Total Debt: Not Disclosed
FF&E: $700,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 14
BBN Listing #: 679539896
Broker Reference #: 6953-879716

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Business Overview:

This Optical Business is well-known in the community and has been committed to providing exceptional personalized service and high-quality products at affordable prices.

With 2 locations, they offer a wide range of services from frames, lenses, eyeglass repairs, and much more. They have an on-site lab located in their main location with an independent eye doctor located next door. and their 2nd location is in a very busy prominent area of OKC.

This operation is fully turn-key, has been in business over 25 years and has an outstanding reputation, loyal clientele, and continuous referrals. 80% private pay and 20% insurance.

Customer service, knowledgeable, experienced staff, on-site lab, same day service, wide range of quality products, and reasonable prices are what sets this business apart from others in the industry.

The eyewear market continues to grow due to an upsurge in the number of visual deficiencies and increasing awareness regarding eye examinations. Furthermore, the growing dependence of the younger generation on electronic devices such as computers, televisions, and mobile phones has led to prolonged exposure to radiation, causing strain on the eyes, which is resulting in the purchase of more eyewear products.

Contact us today to learn more about this great business!

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Market Competition and Expansion:

Established presence. Been in the same location for 17 years with good size of patient base. Onsite finishing lab. Prime location. Friendly and experienced staff. Clean and great atmosphere. Positive reviews from the customers. The biggest opportunity for growth is for an optometrist or ophthalmologist to acquire and work in the store. However, a non-practitioner also could see serious growth by expanding hours, increasing appointments and adding third party programs.

Reason for Selling:

Other interests.

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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