Optical Shop, $150K SDE SBA Pre-approved

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
11034 - Health and Medical

Location:
Northern California - Peninsula

Optical Shop,  $150K SDE  SBA Pre-approved

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.


Asking Price: $320,000


Inventory (included):
$75,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

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)

Operations

# of Employees Full Time Part Time
Non-Owners 2 1
Owners 0 0

Hours of Operation
Mon-Sat 10AM to 6PM

Licenses Required:

  • Business
  • Resale
  • Optician

Lease

Monthly Rent Including NNN:
$10,784

Expires:
5/31/2025

Option:
For 5 years

Size(sq.ft.):
1,270

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Relocation to Hawaii

Training:
2 weeks 30 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

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.