NOT DISCLOSED, Utah
| Asking Price |
$195,000 |
Year Established |
2010 |
|
| Annual Revenue |
$154,528 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Brandon Griffiths |
|
| Annual Cash Flow |
$64,528 |
Listing Number |
1015016 |
|
| # of Employees |
|
Business Category |
Retail: Health, Beauty, Nutrition |
|
Business Overview:
Confidential opportunity to acquire a well-established independent optical boutique serving Southern Utah. The business offers prescription eyewear, designer frames, sunglasses, contact lenses, fittings, adjustments, and personalized optical service. The shop has developed a loyal customer base by providing attentive, one-on-one service and a curated selection of quality eyewear not commonly found through large retail chains. The sale includes approximately $30,000 in inventory at cost ($100,000+ retail value), optical exam and diagnostic equipment, furniture, fixtures, established vendor relationships, customer goodwill, and other operating assets. This is an especially attractive opportunity for an optometrist or ophthalmologist seeking an established storefront from which to expand a clinical practice while retaining the existing optical retail revenue. The current owner is preparing for retirement and is willing to provide transition support. Seller financing may be considered for a qualified buyer with an acceptable down payment.
Property Features and Assets:
Market Competition and Expansion:
<p>The business competes with national optical chains, online eyewear retailers, and optical departments located within larger eye care practices. Its primary advantage is a personalized boutique experience that is difficult for high-volume and online competitors to replicate. Customers receive individualized assistance with frame selection, fitting, adjustments, repairs, and product education. The company also offers a distinctive selection of frames and maintains long-standing customer relationships built on trust and service. For an eye care professional, the opportunity provides an established retail presence, existing customer traffic, optical inventory, equipment, and local goodwill without the time and expense required to build a new optical operation from the ground up. The strongest growth opportunity is for an optometrist or ophthalmologist to add eye examinations and related clinical services at the existing location. The included ophthalmic equipment provides a foundation for developing a more fully integrated eye care and optical retail operation.<br><br>Additional opportunities include:<br>Expanding operating hours and appointment availability<br>Increasing digital marketing and social media activity<br>Developing referral relationships with medical providers and senior communities<br>Adding or expanding insurance plans<br>Increasing contact lens and prescription sunglass sales<br>Introducing online appointment scheduling and customer follow-up campaigns<br>Expanding designer frame selections and higher-margin product lines<br>Hiring additional optical personnel to increase capacity<br><br>A buyer with an existing practice may also benefit from cross-selling eyewear to current patients while introducing the acquired customer base to expanded eye care services.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity