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Established Optical Store

Columbus, OH
Asking Price:$160,000
Gross Revenue:$155,000
Rent:$2,100/Month
FF&E:$40,000
Cash Flow:$25,000
Inventory:$10,000
EBITDA:$25,000
Established Year:2006
Listing ID: 2011523Listing provided by BizBuySell
BUSINESS DESCRIPTION

Retail Eyecare Center in business since 2006

Owner moving on to other opportunities. Well established Retail Eyecare Center for sale. Strong customer base offering Eyeglasses, Contact Lenses, Sunglasses, Eye Exams via Optometrist who subleases space in office.
Extremely HIGH UPSIDE:
- Absentee owner since 2020
- No advertising in over 4 years
- Currently not open on Weekends
- No online sales currently
- FFL for a second location
- On Site Lab for same day service
- $5,333.33 towards upgrades to space to be paid by landlord upon completion
- Low rent - current term to 2027 and minimal increase for 5 year option after that.
- High profit margin products (as high as 30x)

Inquire for private tour and more information. Owner Financing not available.

DETAILED INFORMATION
Location
Columbus, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
30/06/2027
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fixtures and equipment all included in the sale. Please inquire for full list.
Competition
We're positioned as a discount eyecare retailer and have the wherewithal to weather all economic conditions. Some of our strongest years historically have been in the worst markets as people look to save on eyecare. We’re competitive against large chains as we operate as the “local family owned establishment.” We compete well against private optometrists offices because we offer similar services and products for significantly less.
Growth & Expansion
Multiple growth opportunities in both brick and mortar and online.
Support & Training
Offering post closing support to make the next owner successful.
Reason for Selling
Owner moved onto new opportunities.
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Tony Damceski
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Tony Damceski
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