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Listing ID: 2938058

High End Optical Store For Sale

Palm Beach, Florida, United States

$ 150,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 459,734

Cash Flow: $ 110,605

Business Description

Priced for a Fast Sale! High end optical store conveniently located in the same location for 22 years. Sale includes $100,000 of inventory and a lab. The store has accumulated a data base of recurrent costumers through the years which is very valuable. The numbers are calculated assuming that a working optometrist or optician purchases the store. The store is part of a corporate group that owns several stores and for strategic reasons they decided to sell this store.

Property Details

Years Established:

22 years

FF&E:

$ 50,000

Inventory Value:

$ 70,000

Other Details

Premise Details:

Great location in a strip mall. Store space is 2,200 sq ft. Lease expires in 09/30/2018 with options to renew.

Competition:

This business differentiates itself for being in the market for more than 20 years. It has a broad data base of loyal clients.

Expansion Potential:

An owner operator being present every day should help the business grow. Also, more effort in digital marketing.

Operation Details

Employees:

2 FT / 1 PT

Trading Hours:

Mon-Fri 9am-6pm; Sat 9am-4pm

Support & Training:

Will train for 2 weeks @ no cost Business needs license of Florida Department of Health which request to have a licensed optician.

Miscellaneous

Reason For Selling:

Focusing on other stores.

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