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Upper Midwest Area Multi-Location Pearle Vision Optometry and Optical Practice for Sale. $7.7 Million Revenue and Over $1.2M EBITDA. 54270
Health Care & Fitness Businesses for Sale
- Primary Industry: Medical Practices
This is a rare opportunity to purchase one of the largest, most successful multi-location Pearle Vision franchises in the country. The well-established, four location practice features:
• Gorgeous, turnkey facilities in highly desirable locations with consistently high on-line customer reviews.
• Practice sees over 20,000 patients per year.
• Well-trained and very experienced staff
• POS and online appointment booking software.
• The 4 locations have a combined 11,826 total SF, 7,700 total SF of dispensary space, and 9 exam rooms (with extra equipment to outfit a 10th). Each location has a pretesting room, contact lens room, and finishing lab.
• In 2022, sales exceeded $7.7 Million and EBITDA was over $1.2 Million.
• Purchase price includes $800,000 of inventory.
• In 2023, Entrepreneur’s Franchise 500 ranked Pearle Vision as the No. 1 Eye Care & Eyewear brand and No. 38 overall franchise due to its outstanding performance in areas including unit growth, financial strength and stability, and brand power!
• This is a tremendous opportunity for a strategic buyer looking for their first Pearle Vision platform acquisition or for an existing franchise to add to its existing footprint.
Sunbelt Listing ID: 54270
Financial Information
- $5,500,000 Asking Price
- $1,235,774 Cash Flow
- $7,706,965 Gross Revenue
- $5,500,000 Down Payment
Business Location
- City: Confidential
- State: Illinois
Reason for Sale
- Retirement
Detailed information
- Year Established:
- Home Based: No
- Franchise: Yes
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 49
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $800,000
- Monthly Rent: N/A
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 11826
- FF&E Included?: No
Business Listed by
Sunbelt Business Advisors
Sunbelt of MinneapolisContact Business Broker
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