Ophthalmic Goods Laboratory, Retailer & Wholesaler
Seller Financing Available
Asking Price:   Not DisclosedInventory:   
Gross Revenue:   $2,000,000 (comments below)Real Estate:   n/a
Cash Flow:   $300,000 (comments below)FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Canadian dollars
Cash Flow Comments: Includes fair market compensation for ownership replacement
This nearly 30 year-old Company is a comprehensive ophthalmic goods retailer and wholesaler with an on-site laboratory. The laboratory and experienced staff gives the Company a significant advantage over other retailers and wholesalers who outsource lab services. As a result, the Company offers faster turnaround on prescription eyewear and enjoys higher mark-up on grinding services. Revenue is generated from retail (60%) sales, consisting of prescription eyewear, contact lenses, and sunglasses, and wholesale (40%) sales, representing lens grinding services and ophthalmic goods sales to optometrists and other retailers. The Company serves three generations of loyal retail customers and 40 wholesale accounts from a 5,000 square foot facility.
About the Sale
Management Training and Support:Normal transition period
Seller Financing:Terms considered

KEYWORDS: ophthalmic, ophthalmology, ophthalmologist, optometry, optometrist, lab, laboratory, eyewear, glasses, contacts, lenses, sunglasses, prescription, retail, wholesale


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Seller ID:53351
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Business Listed By
Lori Galloway
Generational Equity
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