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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

$ 329,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 254,750

Cash Flow: $ 58,366

Business Description

Discount retail sales of designer eye-wear. Unique destination retail center located in North Broward County, FL. Over 25 years in same location- over 8,000 customer records. Lab on site, eye exams not currently offered but could be added. Business includes over $260K in inventory with the value to be verified by owner. Price includes store fixtures and displays. Owner chooses to close on Saturday - additional day could significantly 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:

$ 260,000

Other Details

Premise Details:

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

Competition:

The $140B 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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