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Chicago Area Pearle Vision Optometry & Optical Practice $1.8mm In Rev. And $328k Cash Flow For Sale

Chicago Metro, Illinois, US
Asking Price:
$995,000 Inventory / Stock included
Sales Revenue:
$1,800,285
Cash Flow:
$328,035

This is a well-established, two location practice that features:
• Gorgeous, turnkey facilities in highly desirable locations with consistently high on-line customer reviews.
• Location 1 has 2,500 SF consisting of two exam rooms, pretest room, finishing lab, and a 1,250 SF dispensary.
• Location 2 has 1,350 SF consisting of one exam room, finishing lab, and a 675 SF dispensary.
• Practice sees over 7,000 patients per year.
• Well-trained and very experienced staff
• POS ad online appointment booking software.
• In 2021, sales exceeded $1.8 Million and Owner’s Cash Flow was $328k.
• An O.D. Buyer will have over $200k of Owner’s Cash Flow AFTER loan payments!
• Asking price of $995,000 includes $90k of inventory along with all the furniture, fixtures and equipment.
• Bank financing will be available with NO down payment to a qualified O.D. buyer!
• Bank financing will be available with a down payment of $100k to a qualified non O.D. buyer.
• The building for one of the locations is available for sale separately for $295,000.
• This is a tremendous opportunity for anyone looking to own a business in an exciting and growing industry!

Property Information

Premises Details:

N/A

Size in square feet:
2500 sq ft

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 9, Part Time: 10

Franchise Information

Franchise opportunity:

Yes

Other Information

Financing available:

Bank Financing for 100% of Purchase Price to Qualified Buyer

Inventory / Stock value:
$90,000 - included in the asking price

Contact Sunbelt of St. Paul / Minneapolis

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