Seller's Contact Information
- RE: Beautiful Optical Store For Sale!
- Contact: Larry Lane
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $745,000 | |
Net Profit: | $171 | |
Cash Flow: | $171,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1960 | |
Employees: | 2 | |
BBN Listing #: | 280443628 | |
Broker Reference #: | 42060357 |
Business Overview:
Currently Under Contract! This optical store has been in business for over 60 years in the most affluent area of the DFW metroplex. During that time the business has established a loyal clientele by providing personal service and eyewear products at reasonable prices. This is a full service optical store that offers clients a complete range of eyeglass styles, sunglasses, and eyewear repair. Beautiful showroom and display cases really make this business stand out! There are two opticians on staff. The company receives excellent referral business from local optometrists and ophthalmologists.
The space is 2,000 square feet - 1,000 feet for showroom and 1,000 feet of fully furnished finishing lab, including an including an edger that is only 1 1/2 years old, groover, and lensometer.
The Furniture, Fixtures and Equipment are included in the purchase price along with existing inventory.
Revenue growth every year for the last 10 years with the exception of Covid year!
Revenue - $745,000
Discretionary earnings of $170,000
Inventory value included in sale price - $35,000
Asking Price - $349,000
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Reason for Selling:
Retirement
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
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