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Listing ID: 2776372

Designer Discount Eye Wear- High Traffic Location In North Broward County, Florida For Sale

North, Broward, Florida, United States

$ 230,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 254,750

Cash Flow: $ 58,366

Business Description

Discount retail sales of designer eye-wear . 25 yrs operational. GREAT GROWTH POTENTIAL! High traffic location. Over 8,000 customer records. Lab on site, eye exams not currently offered but can be added. Currently not accepting insurance but new owner can offer this. Includes $220K in inventory. Huge Profit Margins! Price includes store displays. Owner closed Saturday – add day may boost revenue! All sales data verifiable via point-of-sale system

Property Details

Years Established:

26

Property Type:

Lease

FF&E:

$ 40,000

Inventory Value:

$ 220,000

Other Details

Premise Details:

Business operates out of a 1,500 square ft retail storefront in a high traffic mall location for over 25 years.

Competition:

The $140 billion global eye wear market will continue to grow due to aging population, urbanization, rise of middle income, increasing number of people requiring vision correction and use of eye wear as a fashion statement.

Expansion Potential:

Owner has always been closed on Saturdays indicating an opportunity to boost sales. Owner does not offer eye exams which can further increase revenue. In addition, South Florida will continue to be a prime destination for retirees who are prime customers.

Operation Details

Employees:

1 FT - 4 PT

Support & Training:

Owner will stay on for three weeks at no cost to the buyer.

Miscellaneous

Reason For Selling:

Seller is relocating.

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