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!

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.

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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:


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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