Highly Profitable, Established Optical Store
Location New York,United States
Asking Price Range < $250K
Gross Revenues $250000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training and support if necessary.
Reason for Sale Owner has other interests.
Description Location: Manhattan
Rent is $3,600 with 10 years lease. This is a double size store with low rent and options to renew the lease for many years to come; and, there is much available space for growth n the store that is not being utilized. This Optical store is located in North UWS Manhattan NYC on a high traffic avenue to service the surrounding area and others.
It services mostly regular returning customers. This optometrist doctors currently being utilized (approx. $40k/year) are reliable consultants, hence if the business is sold to an optometrist whom will work on-site then the profit is even higher. This is a true medical practice. The income is derived from the doctors seeing the patients and the sale of eye glasses etc. This business does not advertise (since it is already busy) and does not sell many accessories so there is potential for more sales growth in these areas. They accept all major insurances and plans. The equipment and inventory are included in the price. Price is 175,000. Sales are $250,000. The price is negotiable.
Seller will provide training and support if necessary.
Seller prefers an industry experienced buyer.
Sale includes furniture $20,000, fixtures $50,000, inventory $25,000 and equipment. Turn key business includes everything you need to start your business. Owner has other interests. Seller will provide training and support if necessary.
Seller prefers an industry experienced buyer.
Contact Broker - Roy. Thank you.
Serious Inquiries Only. No Brokers. No disappointments guaranteed. This is an operating business, so do not contact the establishment or employment for information.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial &/or legal advisor with regard to this information.
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