#1265-Long Established Optical Center Mercer Co NJ

Not Disclosed, NJ
Mercer County

Asking Price: Annual Revenue:
$450,000 $609,000

Services: Professional

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RE: #1265-Long Established Optical Center Mercer Co NJ Broker: Benjamin Ross Group

Quick Facts

Asking Price: $450,000
Annual Revenue: $609,000
Net Profit: Not Disclosed
Cash Flow: $298,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 1436342
Broker Reference #: #1265

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Business Overview:

A long established Optical Center in Mercer County, New Jersey has come on the market. This business has been established for four decades with increasing revenue and profit. This is perfect for an experienced or recently licensed optician. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $48,000 as a down payment, and based on historical data, would make $237,000 in the first year after paying back the loan. The bank financing includes a line of credit of $125,000 which can be used as working capital.

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Reason for Selling:

Owner looking to retire.

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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