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Business for Sale Summary

High Growth Optical Store - PT Owner - 36946

Business Type: health/beauty/nutrition supply,healthcare related services,misc. retail/non-classifiable,misc. service/non-classifiable,optical
High Growth Optical Store - PT Owner
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $777,866 Lease Remaining Register Free to View
Owner’s Cash Flow $150,562 Number of FT Employees Register Free to View

Financing

$250,000 Down and None.

Business Description

High Growth Optical Store. Part-time owner. Fully staffed. Major price reduction. This is a gorgeous store in a prime Kings County neighborhood. They have shown year over year growth of 5-10% since opening. The store is fully staffed with 3 full-time employees (1 counterperson, 1 pre-tester and 1 front desk) and 3 Optometrists covering 5 days. The store has over 3,500 patients and 900 - 5 star reviews! They also have a very coveted Cartier account. In the past year the business grossed $777,865.78 with Seller’s Discretionary Earnings (SDE) of approx. $150,562.19. The owner only works 10-15 hours/wk. We are seeking a serious and financially qualified purchaser with at least $310,000 in liquid funds to cover the $250K asking price and approx. $60K in inventory. Industry experience is preferred. Proof of funds will be required for full details and a buyer-seller meeting or phone conference. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All meetings must be scheduled by appointment only!

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.