Neighborhood Optical & Hearing Aid Shop
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $66000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1978
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner is retiring.
Description Asking Price: $55,000
Gross Sales: $66,000
Included in the Asking Price: Inventory Valued at approximately $20,000! And all Optical Equipment and Store Displays, Shelving, Fixtures and Signage.
This long-established, neighborhood Optical and Hearing Aid Retail Store for sale has been a fixture in this local community for 31 years. Retirement by the owner offers a terrific opportunity for an Optician to purchase this well-respected eyeglass and hearing aid business. This would also be a great opportunity for an Ophthalmologist or Optometrist to relocate their business here as there is adequate room for the addition of these services. The business employs 1 full-time and 2 part-time staff.
Facility: This attractive shop encompasses 375 sq. ft., has a rear storage room and separate office area. It is located in a high-visibility retail storefront and is on a busy road in the South Shore MA area with five different local bus routes passing by the shop. Upon entering, store customers are greeted by the colorful interior surroundings and visual product displays.
Furniture, Fixtures and Equipment: Sale price includes all store furniture, shelving, and glass displays, etc. and all optical equipment which includes an Essilor Edger, Nu-Tec Hand Beveler, BPI Tint Machine, Kirk Heating Unit, A/O Lensomiter, Hotspot Heat Box, and AIT Edger.
Opportunities: An active owner/optician can take advantage of the excellent reputation and goodwill achieved by the current owner and grow this business. Additional sales could be derived by partnering with someone to provide eye exam services.
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