Independent Optical Store

Philadelphia, PA (Philadelphia County)

Seller Financing Available
Independent Optical Store
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Asking Price: $340,000

Cash Flow: $150,000

Gross Revenue: $350,000

EBITDA: $0

FF&E: $150,000

Inventory: $100,000*

Established: 1995

*not included in asking price.

Independent Optical Store

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Business Description

Independent, Boutique Optical Store on a very busy road. The business is well known in the community for customer service, large selection of designer frames and quality work. They have part time doctor and full finishing optical lab on site. All work is done on premises and that allows for quick turn around and great customer service. Seller is currently closed on Saturdays and Sundays and has reduced hours. New owner can add more hours. Seller retiring.

Asking: $340,000
Gross: $350,000
Cash Flow : $150,000
FF&E; $150,000
Inventory: $100,000 not included
Established: 1998

Detailed Information

Location:
Philadelphia, PA
Inventory:
Not included in asking price
Employees:
2 FT !PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Turn key with all equipment FFE and systems in place
Competition:
Niche company, great location with ample parking.
Growth & Expansion:
New owner can expand exam hours
Support & Training:
Seller will transition new owner
Reason for Selling:
Retirement
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Contact the Seller

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David Weinstein M.B.A., P.M.A.A., CBB

Business Listed By:
DAVID WEINSTEIN

THE ORIGINAL TANNENBAUM & MILASK (R)

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