Summary
- Asking price:
- $1,250,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $2,174,800
- Cash flow:
- $195,000
- Years established:
- 1998
- Employees:
- 10
Business description
These are multi specialty optical centers featuring open and flexible showrooms and waiting areas. Each location is strategically located on high traffic roads to service the surrounding area. The centers offer eye exams and while you wait lab and lens services. There is dedicated space that could include cataract, glaucoma, and retina services. All of these services are currently referred out. Less than 1% of revenue is from insurance. Annual advertising budget of $200,000 which could be used to introduce new services.
Property information
- Real Estate:
- Lease
- Lease terms:
- The total space for all locations is 16000 square feet. Seller owns the property and would sell or lease the property.
- Leasehold rent:
- $18 per sq ft per annum
- Location:
- The locations offer ample parking and are surrounded by professional and retail establishments.
- Premises details:
- Each location has private exam rooms. Each room is equipped with the necessary equipment to provide a complete and thorough exam.
- Size in square feet:
- 16000 total for all locations
Other information
- Expansion potential:
- There is a dedicated area to offer surgical services or specialized services like retina, glaucoma, or cataract care. These services are currently referred out for the thousands of clients that use the centers. Less than 1% of total sales are insurance based. The annual advertising budget is $200,000 which could be used to introduce the new services.
- Support & training:
- 30 Days
- Reasons for selling:
- Industry consultation
- Trading hours:
- Monday through Saturday
- Furniture / Fixtures value:
- $115,000 (included in the asking price)
- Inventory / Stock value:
- $38,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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