Optical Shop, $150K SDE SBA Pre-approved

Santa Clara County, CA
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Asking Price:$320,000
Gross Revenue:$694,476
Established Year:1957
Cash Flow:$150,374
Inventory:$75,000
BUSINESS DESCRIPTION

Long Established Optical Store specializes in World Class customer service, designer eyewear. They are experts on lens technology and will consult with you for the best lens for your lifestyle. Their staff care how you look. They will evaluate, the shape, color, and style to make sure it looks great on you. 100% Absentee Run, they currently outsource the Eye Exams to an Optometrist who has subleased a portion of the Facility. Huge potential to grow revenues by accepting other insurances. Sales reached over $690K in 2023 with an SDE of $150K. $75K of Inventory is included. SBA Pre-approved. Must be an Optician to own. SBA Pre-approved. Motivated Seller. 11034


DETAILED INFORMATION
Location
Santa Clara County, CA
Inventory
Included in asking price
Employees
3
Facilities
The current lease will expire on 5/31/2025, a new lease is available, Rent $8,636, NNN $2,148, Square Feet 1,270 Licenses: Business, Resale, Optician Hours Monday thru Saturday from 10 am to 6 pm
Financing
SBA pre-approved
Support & Training
2 weeks, 30 hours per week
Reason for Selling
Relocation to Hawaii
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M. Nikoo
Business Team Group
M. Nikoo