Business For Sale

Owner Retiring, Optical Business for Sale

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$315,000 $439,226

Services: Medical, Dental


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RE: Owner Retiring, Optical Business for Sale Broker: Austin Zhao
Owner Financing is Available!
157,500.00

Quick Facts

Asking Price: $315,000
Annual Revenue: $439,226
Net Profit: Not Disclosed
Cash Flow: $157,185
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 3
BBN Listing #: 190844107
Broker Reference #: 76931-317483

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Business Overview:

This well-known franchised optical business has served the community in Northwest Houston since 2009. Located on a very busy freeway and a prime commercial street. It provides complete eye exam services with contact lens fit-tings, eye disease examinations and treatments, and offer traditional eye corrective frame eyeglasses and contact lenses / prescriptions.

This office serves approximately 1,200 patients a year, half of which are repeat clientele from previous years and half are new patrons. Revenue for the 2017 year reflected $439,226 with approximate Seller Discretionary Earnings of $157,185. As of mid-year 2018, revenues and earnings appear to mimic 2017 numbers.

Owner is retiring and committed to selling the business. Excellent opportunity for aspiring optometrist, ophthalmologist or optician looking to acquire a profitable optometrist business.

The business is listed at $315,000. This includes furniture, fixtures and equipment valued at approximately $80,000, leasehold improvements valued at $40,000, and operating inventory valued at approximately $45,000. Liquid Assets, Accounts Receivable, Ac-counts Payable, and other liabilities are not being transferred and are not included in the price of the business.

Seller's Financing is available.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Established in 2009, the same owner and the same location.

Market Competition and Expansion:

Competitive Strength: • Profitable • Excellent location near busy freeway and prime commercial street • Well-known franchise name and franchise support • Reputable franchise and business • A fast-growing Houston area • Stable customer base with potential growth

Reason for Selling:

Retiring

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.

Relevant Links:

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