Turnkey Optical and Eyewear Business for Sale
With an illustrious 40 year legacy this practice stands as a cornerstone of excellence. Our absentee management model opens doors to limitless growth potential. With simple yet powerful strategies such as expending the examination space and extending the operating hours the sky is the limit for revenue and expansion.
Financial Information
- $279,000 Asking Price
- $125,000 Cash Flow
- $1,030,000 Gross Revenue
- Negotiable Down Payment
- Yes Financing
Business Location
- City: Saratoga Springs
- State: New York
Financing Comments
- Seller will assist in financing based on the buyers qualifications.
Reason for Sale
- Owner has made the decision to part ways with the family business to pursue other ventures.
Detailed information
- Year Established: 40
- Home Based: No
- Franchise: Yes
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 3
- Part-Time Employees: 3
- Contractors: 3
- Owner Worked Hours/w: 3
- Adjusted EBITDA: $125,000
- Inventory Included: Yes
- Inventory Value: $35,000
- Monthly Rent: On request
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- Building Size: 1850
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- TBD, Two weeks at 20 hours a week. Owner will offer more time if necessary. This is a franchise operation and the buyer will be required to complete franchise training.
Facilities
- 1850 Sq. Ft. free standing building on a very busy intersection. There is currently one exam area shared by multiple doctors. The physical building can support an expansion if the buyers wants to pursue this.
Market Outlook/Competition
- With steady revenue over the past decade and industry projections to grow at a rate CAGR of 8.5% through 2030* you're stepping into a realm of assured growth and profitability. *Grand View Research
Real Estate Description
- Free standing facility building ideally located on a main throughfare.
Business Listed by
Anthony Tarricone
Sunbelt of WestchesterContact Business Broker
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