Optometry Practice with below market lease

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$195,000 $301,232

Retail: Non-classifiable

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RE: Optometry Practice with below market lease Broker: Marc Lazarus
Owner Financing is Available!

Quick Facts

Asking Price: $195,000
Annual Revenue: $301,232
Net Profit: Not Disclosed
Cash Flow: $143,576
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 2
BBN Listing #: 871850121
Broker Reference #: 6301-822627

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Business Overview:

This is a beautifully built out retail Optometry practice. Very upscale feel with plenty of room for growth. Sells high end brands in a Bergen County town that is experiencing a surge in investment. The business has great reviews due to the customer care the current staff provides. A new owner should be an OD and can step in and continue the growth.

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Property Features and Assets:

Business started in September 2016 and has steadily grown every month.

Market Competition and Expansion:

Store carries the following brands: Tiffany's Burbury Marc Jacobs Tori Burch Coach Ray Ban and Ray Ban Kids Kate Spade Europa: db4k, Michael Ryan and Scott Harris Hugo Boss Capri Academic Consignment: Altair, Genesis, Joe, Joseph Aboud, Bebe, James Draper, Calvin Klein, Sunlights and more This Bergen County town is exploding with growth.

Reason for Selling:

family obligations

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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