Vision Center

Not Disclosed, NY
Queens County

Queens County

Asking Price: Annual Revenue:
$219,000 $660,000

Retail: Clothing & Accessories

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RE: Vision Center Broker: Bernie Siegel

Quick Facts

Asking Price: $219,000
Annual Revenue: $660,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: $206,088
FF&E: $88,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 92084955
Broker Reference #: 2701-14777

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Business Overview:

This location was opened by the Licensee. They act like a franchise. They have a registered Sub-licensing agreement with the FTC. They charge an 8% royalty to all sub-licensees. They sell high-end eyeglass frames, prescription and non-prescription lenses.

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Property Features and Assets:

The business is located in a small Express type location inside a very heavily trafficked CENTURY 21 RETAIL STORE. The retail store itself generates the traffic. Total Assets Included: $133,000

Market Competition and Expansion:

They have exclusive rights in the Century 21 complex, so there is no competition within the location. Needs hands on manager either with an owner-operator or a better manager.

Reason for Selling:

Not operating all the locations.

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 a franchise resale opportunity.

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