Optical Clinic With Prime MedCenter Space

Business Overview:

Established in 2009, this optical clinic is situated in an easily accessible, prime location just west of the medical center. The clinic is currently owned by an optician, offering custom eye frames/glasses and contact lenses with a prescription. The owner is well-known and sought after to provide custom eyeglasses for difficult to fit and difficult to correct cases. The clinic has a large database of satisfied customers, many of whom would prefer to see an optometrist in the med center. This space has two unused exam rooms, perfect for optical exam use as well as additional space to house patients throughout the clinic. This would be a perfect space for an optometrist looking to expand or to start his/her own practice.
Sales during the previous year were $208,500, while discretionary income was $59,100. The seller will offer training for a minimum of four weeks and can stay part-time for a period of time to work alongside the buyer and introduce the buyer to his database of customers. An owner-operator who is searching for a location with significant growth potential might consider this venture. The sale includes $55,000 in leasehold improvements, $75,000 in furniture, fixtures, and equipment, and approximately $25,000 in inventory.

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Property Features and Assets:

Monthly Rent: $4,455.78

Square Units (Foot, Meter): 1,440

Lease Expiration Date: July 1, 2025, 1:00:00 AM

Market Competition and Expansion:

Expansion:

There is fantastic potential for growth for this business. If purchased by an optometrist, a new primary service line could be added. In addition, clientele could be grown by adding a website and engaging in local and social media marketing strategies. Opening for longer hours during the week or on weekends would greatly increase traffic as well. There is very little competition in the med center area for accessible optometry services and patients who are local would prefer to see a local eye doctor.

Reason for Selling:

Additional Details:

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