Well Reputed Retail Eye Care Center

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$525,000 $679,542

Retail: Health, Beauty, Nutrition


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RE: Well Reputed Retail Eye Care Center Broker: Bobbi Coffey

Quick Facts

Asking Price: $525,000
Annual Revenue: $679,542
Net Profit: Not Disclosed
Cash Flow: $220,697
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 920044107
Broker Reference #: 76931-993183

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Business Overview:

SBA PRE-APPROVED FOR OWNER OPERATOR (OD)!! Located in West Houston, well respected franchise eye care center is now available for interested buyers. Although ideally owner operated, and an excellent TURNKEY opportunity for an Optometrist entering the market, the business has been successfully absentee operated for almost two decades. Excellent location, strong community presence and loyal patron following for providing complete eye care. Subtract $136k from income number for absentee owned.

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Property Features and Assets:

Shopping plaza location. In addition to monthly rent, CAM and NNN is approximately an additional $3,000

Market Competition and Expansion:

Buyer may opt to not renew the franchise agreement, which would result in an additional SDE of approx. $100k. Would require replacement of signage and rebranding.

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 a franchise resale opportunity.

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