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Optical Shop, $150K SDE SBA Pre-approved

Santa Clara County, CA, USA
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Businesses For Sale | Optometry Practices For Sale

Listing ID : 429550

Posted on April 26, 2024 View Count 93

Price :
$320,000
Business Financials & Assets :
Gross Revenue:
$694,476
Cash Flow:
$150,374
Year Established:
1957
Inventory Included:
Yes
Estimated Value of Inventory:
$75,000
Property Details :
Business Details :
Number of Employees:
3
Absentee Owner:
Yes
Real Estate:
Leased
Rent:
$8,636
Type of Lease:
Triple Net Lease (NNN Lease)
Lease Expiration:
05/31/2025
Building Size:
1,270 Sq. Ft.
Facility & Tenant Improvements:
Licenses: Business, Resale, Optician
Terms :
Financing:
SBA pre-approved
Support & Training Offered:
2 weeks, 30 hours per week
Reason for Selling:
Relocation to Hawaii
Equipment Specifications :
Company Overview :
Franchise Overview :
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.  11034

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