Eyewear Sales, Optician Practice & Optometrist

Broward County, FL
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Asking Price:$499,000
Gross Revenue:$472,842
FF&E:$75,000
Cash Flow:$197,533
Inventory:$80,000
Established Year:1982
BUSINESS DESCRIPTION

Well-Established, Long-Lasting Medical Business for Sale with Loyal Client Base

Beautiful 42-year-old well established Optical practice with many long-term, loyal and multi-generational clients. There is approximately $75, 000 in Optometry fees and $75,000 in contact lens sales that are not shown in the financials. Located in a busy Publix Shopping Plaza. Located at the same location for the past 13 years. There is a wide selection of fashionable eyewear to accommodate any budget. A fully furnished Optometry exam room is included in the sale. A full-time optometrist will bring in additional clientele. All Optometric records will be transferred to the new owner. The current optometrist only works 18 hours weekly. The owner is willing to stay on as an employee for a negotiated salary. Social media and local advertising are needed to bring in additional revenue. The ideal buyer would be an Optometrist or an Optician. Optician or Optometrist License will be required to purchase this business. Please refer to listing #0101-954267, Agent Rob Cohen when inquiring about this listing. Thank you!


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business Location is: Leased Type of Location: Strip Center Facilities: Storefront in a Publix Shopping Plaza Monthly Rent: $3,500.00 Square Units (Foot, Meter): 1,000 Lease Expiration Date: February 29, 2028 Terms Options: 2 - 5 year options
Competition
Competitive Overview: There are other local optical stores. Customer service and being in the same location for 30 years is what sets this business ahead of the competition.
Growth & Expansion
Potential Growth: A full-time optometrist will bring in additional clientele. The current optometrist only works 18 hours weekly. Social media, and local advertising is needed to bring in additional revenue.
Support & Training
Will train for 2 weeks @ no cost
Reason for Selling
Retirement
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Rob
Cohen
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Rob Cohen