• Listing ID: 1159931
  • (Seller ref: 30-320)

Optical Eye Wear Retail Business In Miami Dade For Sale


Location:
Category:
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Type:

Asking price:
$499,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$460,534
Cash flow:
$244,648
Years established:
20
Employees:
2 FT 2 PT
Relocatable:
This business can be relocated.

No image available

This modern well decorated retail store is in a high traffic major mall in Miami Dade county. There is a doctor on the premises full time. His compensation is paid directly by customers. The business has been in the same shopping center since 1991. It includes a fully equipped Eye Exam Room with complete Optometrist Equipment. In addition to the doctor there is one manager, one receptionist / sales person and two part time employees. The hours of operation are 9 Am To 6 PM Monday to Friday and 10 Am to 3 PM on Saturday. The store is 1,800 Sq Ft and a lease can be obtained for as long as the buyer would like. $100,000 of Inventory and $50,000 FMV of equipment are included in the $499,000 asking price, which is based on a $244,648 Discretionary Cash Flow ( $144,648 Retail + $100,000 Doctor ).


Real Estate:
Lease
Lease terms:
As needed by buyer
Leasehold rent:
$62,400 per annum
Location:
Miami Dade County, Florida in a High Traffic Major Mall
Premises details:
1,800 Sq Ft modern up to date store
Size in square feet:
1,800 Sq Ft

Expansion potential:
Very good
Competition / Market:
Not a problem
Support & training:
30 days at no cost to buyer
Reasons for selling:
Other Business Interests
Trading hours:
9 to 6 M to F 10 to 3 Saturday
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
With a higher asking price of $800,000 Seller would finance $400,000 at 10% interest only for 3 years with a balloon in 3 years provided the note was secured by Real Estate
Furniture / Fixtures value:
$50,000 (included in the asking price)
Inventory / Stock value:
$100,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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