Beautiful Optical Store for Sale!

Price: $349,000

Location: Dallas, TX

Industry: Retail

Listing ID: 42060357

Listing Status: New

Description

This optical store has been in business for over 60 years in the most affluent area of the DFW metroplex. During that time the business has established a loyal clientele by providing personal service and eyewear products at reasonable prices. This is a full service optical store that offers clients a complete range of eyeglass styles, sunglasses, and eyewear repair. Beautiful showroom and display cases really make this business stand out! There are two opticians on staff. The company receives excellent referral business from local optometrists and ophthalmologists.

The space is 2,000 square feet - 1,000 feet for showroom and 1,000 feet of fully furnished finishing lab, including an including an edger that is only 1 1/2 years old, groover, and lensometer.

The Furniture, Fixtures and Equipment are included in the purchase price along with existing inventory.
Revenue growth every year for the last 10 years with the exception of Covid year!

Revenue - $745K
Discretionary earnings of $170K
Inventory value included in sale price - $35K
Asking Price - $349,000

LISTING DETAILS

Down Payment: $69,800

Total Sales: $745,000

Cash Flow: $170,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $50,000

FFE Included: Yes

Inventory: $35,000

Inventory Included: Yes

Operation

Year Established: 1960

Year of last Acquisition: 2012

Non-Owner Payroll: N/A

Employees: 2

Absentee Owner: No

Location

Real Estate: N/A

Monthly Rent: N/A

Type of Location: Retail

Square Footage: 2000

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Retirement

Training & Support:

Seller will assist with transitional support

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER