Established Opticianry in Palatka - Eyewear & Eyecare

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Well-Established, Profitable Opticianry in Palatka
Asking Price:
$230,000

Gross Revenue:
$350,991
Cash Flow:
$83,622
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$75,000
included in asking price

FF&E:
$95,000
included in asking price

Real Estate:
$210,000
not included in asking price

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Business Description

This well-established, very profitable opticianry is available to you now! It features an established clientele, well-trained staff and easy access in a visible, free-standing location on a busy thoroughfare.

Optometrists provide exams on site 10-15 days per month, but are not part of the business. A new owner would not have to be a doctor, or an optician, but there must be a licensed optician on staff in order to fill prescriptions and fit contacts. This is an opportunity for you, even if you are not in the healthcare/eye-care field.

The building is 2,100 square feet and features a 660 square foot dispensary/showroom, 360 square foot laboratory and two optometric exam rooms. The business owners also own the building and are willing to lease to a new buyer. The property is also available for sale, but is not included in the sales price. A new septic and drain field were installed in 2005 and a new heat pump was installed in 2012. The building is attractive and well-maintained.

About the Business

Number of Employees:
4
Real Estate:
Owned
Building Sq. Ft.:
2,100
Facilities:
Attractive, free-standing building located on busy thoroughfare. Plenty of parking. Available for sale or lease.
Growth & Expansion:
Pros: Established clientele, same-day service, great visibility, ease of access and parking, robust equipment and inventory.

Cons: Optician-owned and unable to participate in Humana or Vision Service Plans, Putnam County is considered a rural health community.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner is willing to train and is negotiable as to length of time.

Listing Info

ID:
1553666
Ad Detail Views:
263

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Business Listed by

Keith Hazouri

Bosshardt Realty Services, LLC
License# SL341376

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U.S. Census Data for Putnam County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Putnam County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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