Price: $349,000
Location: Dallas, TX
Industry: Retail
Listing ID: 42060357
Listing Status: Sold
SOLD! 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 - $744K
Discretionary earnings of $133K
Inventory value included in sale price - $35K
Asking Price - $349,000
Down Payment: $69,800
Total Sales: $744,362
Cash Flow: $132,765
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
Year Established: 1960
Year of last Acquisition: 2012
Non-Owner Payroll: N/A
Employees: 2
Absentee Owner: No
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Retail
Square Footage: 2000
Franchise: No
Relocatable: No
Reason For Sale: Retirement
Training & Support: Seller will assist with transitional support