Upscale Optician with Over Thirty Years in Business for Sale!

Studio City, CA
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Asking Price:$275,000
Gross Revenue:$183,923
Rent:$4,379
Established Year:1992
Cash Flow:$71,932
Inventory:$102,392
FF&E:$21,025
BUSINESS DESCRIPTION

Boasting a luxurious buildout completed in 2021, this exceptionally located, client friendly Optical Boutique is ideal for a sale to a Medical Professional from the same field. The store layout is extremely doctor specific, with two backroom offices perfect to be transformed into exam rooms. The current inventory included in the sales price is all top-of-the-line eyewear, complete with a beautiful store layout and showcasing. Seller states a comfortable SDE, with room to scale up marketing, operations and sales. The current owners spared no expense building out the space just three years ago, though the business itself has been in existence and profitable for over thirty years! The current sellers have achieved their dream of servicing the community for over three decades and are retiring, with intentions to move out of state. This business is best suited for someone already in the Optical space, especially a medical professional in search of exam room space and an already established operation.


DETAILED INFORMATION
Location
Studio City, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,150
Lease Expiration
01/03/2025
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business has a leased location of 1,150 sq ft with a total rental of $4,379. The seller is active in business and Business Operation is 11am - 6pm and by Appointment, Wed-Sun. Included in asking price are $21,025 in equipment & fixtures and $102,392 in inventory.
Financing
Seller to consider all offers.
Support & Training
Thirty (30) days
Reason for Selling
Retiring and Moving To Another State
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Aaron
Pfeffer
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Aaron Pfeffer