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- RE: Upper Midwest Area Multi-Location Pearle Vision Optometry And Optical Practice For Sale. $7.7 Million Revenue And Over $1.2M EBITDA. 54270
- Contact: Sunbelt Business Advisors
Quick Facts
Asking Price: | $5,500,000 | |
Annual Revenue: | $7,706,965 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,235,774 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 49 | |
BBN Listing #: | SB-54270 | |
Broker Reference #: | MINNEMN003-54270 |
Business Overview:
This is a rare opportunity to purchase one of the largest, most successful multi-location Pearle Vision franchises in the country. The well-established, four location practice features:•Gorgeous, turnkey facilities in highly desirable locations with consistently high on-line customer reviews.•Practice sees over 20,000 patients per year. •Well-trained and very experienced staff•POS and online appointment booking software.•The 4 locations have a combined 11,826 total SF, 7,700 total SF of dispensary space, and 9 exam rooms (with extra equipment to outfit a 10th). Each location has a pretesting room, contact lens room, and finishing lab.•In 2022, sales exceeded $7.7 Million and EBITDA was over $1.2 Million.•Purchase price includes $800,000 of inventory.•In 2023, Entrepreneur’s Franchise 500 ranked Pearle Vision as the No. 1 Eye Care & Eyewear brand and No. 38 overall franchise due to its outstanding performance in areas including unit growth, financial strength and stability, and brand power!•This is a tremendous opportunity for a strategic buyer looking for their first Pearle Vision platform acquisition or for an existing franchise to add to its existing footprint.Sunbelt Listing ID: 54270
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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