Twin Cities Based Pearle Vision Optometry and O...

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$750,000 $660,630

Miscellaneous: Non-classifiable


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RE: Twin Cities Based Pearle Vision Optometry and O... Broker: Sunbelt Business

Quick Facts

Asking Price: $750,000
Annual Revenue: $660,630
Net Profit: Not Disclosed
Cash Flow: $363,719
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 631864254
Broker Reference #: MINNEMN003-52137

Email or Print Listing

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Business Overview:

This is a well-established practice that features: ? Newly remodeled turnkey facility in highly desirable location with consistently high on-line customer reviews. ? Free standing location consisting of two exam rooms, contact lens room, and a dispensary. ? Practice sees over 3,000 patients per year. ? Well-trained and very experienced staff. ? Great opportunity to add patients and revenue with expanded store hours. ? POS and online appointment booking software. ? TTM 2022 through September sales exceeded $660K and Owner?s Cash Flow of $263k. So, the practice is on pace to exceed 2021?s performance! ? An O.D. Buyer will have over $150k of Owner?s Cash Flow AFTER loan payments! ? Asking price of 750,000 includes $100k of inventory along with all the furniture, fixtures and equipment. ? Bank financing will be available with NO down payment to a qualified O.D. buyer! ? Bank financing will be available with a down payment of $75k to a qualified non O.D. buyer. ? This is a tremendous opportunity for anyone looking to own a business in an exciting and growing industry! Sunbelt Listing ID: 52137

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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