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Businesses For Sale   >>   New York Businesses For Sale   

Highly Profitable & Well Established Optical Store

Location  New York City, New York, United States
Asking Price Range  $250K - $500K
Gross Revenues  $250000
Net Profit / Cash Flow  $125000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training and support.
Reason for Sale  Owner has other interests to pursue.

Description  
Rent is $3,600 with almost 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 $249,000. Some owner financing is available. Sales are $250,000. 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 to pursue. Seller will provide training and support if necessary. 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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