Category:
11034 - Health and Medical
Location:
Northern California - Peninsula
Business Description:
Long Established Optical Store specializes in World Class customer service, designer eyewear. They are experts on lens technology and will consult with you for the best lens for your lifestyle. Their staff care how you look. They will evaluate, the shape, color, and style to make sure it looks great on you. 100% Absentee Run, they currently outsource the Eye Exams to an Optometrist who has subleased a portion of the Facility. Huge potential to grow revenues by accepting other insurances. Sales reached over $690K in 2023 with an SDE of $150K. $75K of Inventory is included. SBA Pre-approved. Must be an Optician to own. SBA Pre-approved. Motivated Seller.
Inventory (included):
$75,000
9 Months Ended
9/29/2023
$491,814
(Sales)
$100,330
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$547,526
(Sales)
$108,739
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$650,894
(Sales)
$203,543
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$472,183
(Sales)
$121,339
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 2 | 1 |
| Owners | 0 | 0 |
Hours of Operation
Mon-Sat 10AM to 6PM
Licenses Required:
Monthly Rent Including NNN:
$10,784
Expires:
5/31/2025
Option:
For 5 years
Size(sq.ft.):
1,270
Type of Organization:
S Corp
Reason for Sale:
Relocation to Hawaii
Training:
2 weeks 30 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.