Established High End High Dollar Volume Optical Practice Available:
Here's your chance to own a thriving upscale optical practice with a sterling 24-year reputation for excellence.
Located in a busy mixed-use area, surrounded by shops, restaurants, and professional offices, this turn-key business offers both stability and growth potential. Highly profitable with strong repeat business and referrals. Consistent high revenue. same ownership and location for 24 years- trusted by generations of patients. Beautiful high-end dispensary and exam room, featuring modern equipment and designer frame lines. Huge inventory of designer and high-end frames included. New modern digital finishing lab. Prime visibility and foot traffic in an affluent, high-demand community. This is an ideal opportunity for an optometrist seeking a premium, established business with a loyal clientele, seasoned staff, and a reputation for quality eyecare.
Included in the financial statements are significant professional fees, which are paid directly to the independent Doctor of Optometry. This, plus additional reimbursement from insurance, would be well over $100K of additional income to an Optometrist owner.
Please refer to listing #0101682424 and ask for Robert Goldsmith when inquiring.
- Asking Price:
- $479,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $877,113
- Cash Flow:
- $306,204
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date: October 16, 2032
Terms Options: Two 5-year options
- Leasehold Rent:
-
$7,328 per annum
- Location:
-
Leased
- Premises Details:
-
Strip Center
- Size in square feet:
- 1,311
Business Operation
- Reasons for selling:
-
Retiring
- Trading hours:
-
Tues.-Fri. 10-6 Sat 10-3
- Employees:
- 2
- Years established:
- 25
Other Information
- Support & training:
-
2-week training at no cost
- Furniture / Fixtures value:
- $65,000 - included in the asking price
- Inventory / Stock value:
- $229,000 - included in the asking price
