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RE:  Luxury Optical Retailer With $450k In Earnings Contact:  Not Disclosed

Quick Facts

Asking Price: $2,200,000
Annual Revenue: Not Disclosed
Net Profit: $500
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 10
BBN Listing #: 822662165
Broker Reference #: Not Disclosed

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Business Overview:

Luxury Optical Retailer with steady growth and 10,000 loyal customers

The company has approximately $450,000 in the seller’s discretionary earnings and is selling at a minimum asking price of $2.2 million.

The business is a luxury optical retailer in the Midwest that offers a diverse range of branded and luxury eyewear and lenses. They are a community lifestyle brand dedicated to personifying personalities by assisting customers’ transition through the challenging and painful process of finding the perfect eyewear.

They have developed a team of well-trained and experienced individuals who resonate with the customers and understand their situation. The customer service is a unique, curated, and personalized experience. The team:
• listens to the customers to truly understand their wants and needs
• offers unique, insightful, and engaging conversations
• treats customers like royalty
• creates connections with customers
• lives by kindness, courtesy, and compassion
• always recommends drinks
• focuses on creating raving fans, not just customers
• is trained to always find a solution

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Property Features and Assets:

The luxury boutique optic store, has embedded itself in the community. The company has grown into a lifestyle brand with two store outlets, a well-designed website, over 6,000 followers on social media with exceptional reviews, ratings, and recommendations (4.8/5), a database of loyal customers, and sales exceeding $1.8M (Gross margin: 62%). The company is built on customer loyalty, referrals, and customer service. The team offers a unique, engaging, and curated experience, assisting customers to feel more confident and better.

Market Competition and Expansion:

Through dedication, kind spirit, exceptional listening skills, and unique personalities, the team connects with every customer that walks into the store. | They help customers overcome their fears, maintain their identity, and help choose the eyewear that matches their lifestyle. | The team treats customers like royalty | The company has good relationships with brands | Gross Margins: 62% - 66% | Loyal and Raving Customers | Company is pre-qualified for an SBA loan | Steady growth.

Reason for Selling:

2-year project for mission and relief work.

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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