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RE:  Profitable And Stable Optical Business In North Of Contact:  Austin Zhao

Quick Facts

Asking Price: $260,000
Annual Revenue: $454,359
Net Profit: Not Disclosed
Cash Flow: $145,853
Total Debt: Not Disclosed
FF&E: 55,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 4
BBN Listing #: 113944107
Broker Reference #: 76931-840133

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Business Overview:

This optical business has served the community at the same location in North Houston since 2004. Located on a busy commercial street. The optical business provides complete general optometric exam services with eyeglasses and contacts lens and some ocular medical visits.

This business has been profitable and stable since it was formed by two optometrists in 2004. The business has accumulated approximately 15,850 patients in its database, one-third of which are active ones in the past 3 years. Currently, the business served about 1,700 patient each year, 25 percent of them are new patrons each year. The revenue of 2022 was $454,359 with $145,853 of SDE, about the same as those of 2021.

To expand the business opportunities, the two optometrist owners opened their own separate offices in other two locations in 2014, and in the meantime, have continued to grow the business here in this location. Currently, the business opens 6 days a week. Each of two owners works at this location 2 days a week and contracts a relief optometrist for another 2 days. The relief optometrist has worked here since 2016.

Due to the heavy workload and personal health issue of one owner, they decide to sell the business to lessen the stress. Excellent opportunity for aspiring optometrist, ophthalmologist, or optician looking to acquire a profitable optometrist business.

BUYER QUALIFICATIONS:
ACCORDING TO TEXAS LAW, YOU NEED TO BE A LICENSED OPTOMETRIST, OPHTHALMOLOGIST, OPTICIAN, OR MEDICAL GROUPS THAT MEET SOME CRITERIA TO OWN A PRIVATE OPTOMETRY PRACTICE.

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Reason for Selling:

Reducing work load.

Additional Details:

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

Relevant Links:

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