Professional Vision Center For Sale

Business description

Approximately 1,800 sq ft located in a strip mall near St. Peters General Hospital on a main arterial minutes from I-5 and downtown Olympia. Requires an O.D. License to operate (Dispensing Optometrist). Current owner’s OD has recently left the practice and search is underway for a replacement based upon a sublet or space sharing concept. Sales increased from $82,325 in 2007 to $151,566 in 2008. In addition it is believed that the OD’s practice generated between $125,000 and $150,000 in exam revenue in 2008. The lessor appears to be flexible and is willing to discuss possible rent concession and lease options for a financially qualified purchaser. This vision center has catered primarily to an upper middle class clientele who prefer selection over price from manufacturers featured: Versace, Fysh, Calvin Klein, Fendi, Ferragamo, Kawasaki, Nike, and Tres Jolie. In addition, less expensive lines include: Jones New York, Match, Revolution, Barbie, Converse, and Bellagio. Great opportunity to acquire an established location with equipment and leasehold improvements in place. Ideal for an OD looking to acquire his/her own practice for less than a cost to start from ground zero. Off-street parking, good signage, 3 exam rooms, 1 office, display area, and waiting area.

Property information

Real Estate:

Lease

Other information

Support & training:

Seller willing to train and assist in transition for a limited period of time from date of closing at no additional cost to buyer

Reasons for selling:

To devote full time to their other business located about 60 miles from this business

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Contact Broker for details

Furniture / Fixtures value:

$45,000 (included in the asking price)

Inventory / Stock value:

$15,000