Price Drop 30 Year Optical Business

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$184,000 $470,680

Retail: Non-classifiable

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RE: Price Drop 30 Year Optical Business Broker: Tom Gesimondo
Owner Financing is Available!

Quick Facts

Asking Price: $184,000
Annual Revenue: $470,680
Net Profit: Not Disclosed
Cash Flow: $168,247
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 1
BBN Listing #: 108749826
Broker Reference #: 83341-269055

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Business Overview:

This store has been serving their community for almost 30 years. Priced to sell with inventory and equipment as part of the package, a new owner will hit the ground earning money. Attractively priced for an optician, as the current owner is himself, an optometrist would see additional revenue straight to the bottom line. While the exam room is small, with the digital equipment in place the layout has been working for years. If a new owner wants to open up the space they can make use of the full size basement which is available but not used at present. There is also the possibility to take on more space if you have thoughts of expansion.

Seller Financing is a possibility for a qualified buyer.

Additional Opportunity for an owner that provides Saturday hours which the current owner does not.

the Business has been around for 28 years, with the last ten by the current owner.

There is a Cohens optical a few blocks and a few avenues over but no other competitors

If this was owned by a doctor, or you could provide eye exams on demand you would see immediate growth. Right now we bring a doctor in one to two times per week.

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Reason for Selling:

career change

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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