Very Profitable Optical Business

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$385,000 $855,338

Services: Non-classifiable


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RE: Very Profitable Optical Business Broker: Christopher Viskup

Quick Facts

Asking Price: $385,000
Annual Revenue: $855,338
Net Profit: Not Disclosed
Cash Flow: $318,289
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 670049826
Broker Reference #: 83341-169565

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Business Overview:

• With $88,000 of Inventory and $65,000 of Equipment
• 1,200 Square Feet / Re-assignable or New Lease
• Seller willing to stay on and train as well as sign Non-Compete
• Provable Financials
• 4+ Exam Days (12-16 patients daily)
• Owner willing to stay on in transition and sign Non-Compete
Reason for sale: Spend time with daughter and potentially move out of state

Total Years in Business: 13

Total Electronic Med Records / Charts – 20,000
Hours: Open 6 Days a week / Closed Sunday
Employees: 1 Full Time Optician / 1 Full Time Reception / 2 Part Time Pretesting and Clerical

Revenue Breakdown:
Between 60% Ins / 40% Private Pay to 65% Ins / 35% Private Pay
About 10-14% Cash of Overall Revenue

SELLER FINANCING!

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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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