Well-established Franchise Optical Store in Manhattan

New York, NY
40 years in Business/ Prime Location
Asking Price:$295,000
Gross Revenue:$870,000
Rent:$15,000/Month
Established Year:1984
Cash Flow:$100,000
Inventory:$75,000
FF&E:$80,000
BUSINESS DESCRIPTION

Prime Location Optical Store in Business for 40 years

This is an opportunity to own a profitable, easy to operate, Franchise Optical Store in a prime location serving Midtown Manhattan for over 40 years, Absentee Owner and $80k worth of equipment included. This business sells a full line of frames, lenses, sunglasses and contact lenses plus provides eye-exams and check-ups. This Franchise is a proven market leader who brings innovative, profitable eyecare, eyewear concepts and products into the market. The store accepts most insurance and vision plans. The owner is willing to provide training and support for a smooth transition. The store is open Monday-Friday 10am-6pm and closed Saturday & Sunday. NDA and proof of funds required. Contact Ron at ron@moxbiz.com or cell 516-330-2349 for more information.

Our clients benefit from our extensive market knowledge. We have established a reputation for maximizing value for our clients while fostering long-term relationships built on integrity, trust and service.


DETAILED INFORMATION
Location
New York, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,179
Lease Expiration
01/01/2030
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
$80k worth of equipment included.1200 sqft
Support & Training
Franchise and owner will provide training
Reason for Selling
Other business interests
Franchise
This business is an established franchise
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Darlene
Ragone
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Darlene Ragone