Established Optical Shop
Not Disclosed, MN Ramsey County
Prime location Ramsey County
Asking Price:
$300,000
Annual Revenue:
$560,000
Request More Information Contact the Seller
- RE: Established Optical Shop
- Contact: Young Bebus
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | $560,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $124,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 3 | |
| BBN Listing #: | 707455277 | |
| Broker Reference #: | 15256768-BR |
Business Overview:
Long established eye care company for sale in a prime location of Ramsey countyVR Business Brokers, Mergers and Acquisitions is pleased to introduce an independent optical shop. They have dedicated serving their customers by focusing on building trust with them and their family. This trust has built a base of returning customers some of which for over 30 years. Their exceptional service is why they have been a staple in the community for over 100 years.
The owners perform operations and managerial tasks and hires a part time contracting Optometrist a few days a week for eye exam services and the office administrator handles all administrative tasks such as scheduling, customer service and billings. The owners are looking to retire and they are willing to assist and train the new owner for a smooth transition.
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Property Features and Assets:
More than 950 Square Feet store front is located in a prime area of Ramsey County, Minnesota. Additional over 1,000 Square Feet includes the exam room, eye glass repair/assemble area, office and a meeting / staff space.Market Competition and Expansion:
The company has served more than 6,000 customers through the affluent neighborhood and there are many repeat customers due to long term establishment in the service area. For another company that seeks non franchised independent retail footprint, this business would be a great addition. For an Optician or Optometrist seeking his or her own optical store, this would be a great business to acquire with positive reputation and established relationships with the suppliers.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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