Established Sunglass Retail Store in Venice, Florida
Business Description
ESTABLISHED SUNGLASS RETAIL STORE IN VENICE, FLORIDA
This profitable sunglass specialty store has been serving Southwest Florida since 2015, generating $349,581 in annual revenue with $45,000 in seller's discretionary earnings. Located in a high-traffic shopping center between Publix and Panera Restaurant in Venice, FL, the business enjoys an exceptional 4.8 Google rating and reputation for quality and customer service.
BUSINESS HIGHLIGHTS:
• Over 10 years of established operations with consistent profitability since 2016
• Premium inventory featuring 200+ frames each of Maui Jim and Costa sunglasses
• On-site optician providing prescription services for nearly all frames sold
• Only sunglass specialty shop in the immediate area
• Current absentee owner operation allows for flexible management approach
• Strong customer base built on quality products and exceptional service
LOCATION & GROWTH POTENTIAL:
Strategically positioned in Venice's Sarasota County, the 1,000 sq ft retail space benefits from proximity to Wellen Park, a major development with 22,000+ planned homes currently under construction. The area also features the Atlanta Braves spring training facility, driving additional foot traffic. The lease runs through September 2029 at $2,900 monthly.
FINANCIALS:
• Annual Revenue: $349,581
• Cash Flow: $45,000
• FF&E Value: $20,000
• Inventory Value: $102,000
• Asking Price: $175,000 including inventory
The retiring owner offers post-sale support and training. This turnkey operation presents an excellent opportunity to acquire an established retail business in a growing market with significant demographic tailwinds and little direct specialty competition in the immediate area.
This profitable sunglass specialty store has been serving Southwest Florida since 2015, generating $349,581 in annual revenue with $45,000 in seller's discretionary earnings. Located in a high-traffic shopping center between Publix and Panera Restaurant in Venice, FL, the business enjoys an exceptional 4.8 Google rating and reputation for quality and customer service.
BUSINESS HIGHLIGHTS:
• Over 10 years of established operations with consistent profitability since 2016
• Premium inventory featuring 200+ frames each of Maui Jim and Costa sunglasses
• On-site optician providing prescription services for nearly all frames sold
• Only sunglass specialty shop in the immediate area
• Current absentee owner operation allows for flexible management approach
• Strong customer base built on quality products and exceptional service
LOCATION & GROWTH POTENTIAL:
Strategically positioned in Venice's Sarasota County, the 1,000 sq ft retail space benefits from proximity to Wellen Park, a major development with 22,000+ planned homes currently under construction. The area also features the Atlanta Braves spring training facility, driving additional foot traffic. The lease runs through September 2029 at $2,900 monthly.
FINANCIALS:
• Annual Revenue: $349,581
• Cash Flow: $45,000
• FF&E Value: $20,000
• Inventory Value: $102,000
• Asking Price: $175,000 including inventory
The retiring owner offers post-sale support and training. This turnkey operation presents an excellent opportunity to acquire an established retail business in a growing market with significant demographic tailwinds and little direct specialty competition in the immediate area.
About the Business
- Years in Operation
- 10
- Employees
- 4 (4 Part-time)
Includes the part time store manager & part time optician. - Facilities & Assets
- Space is in the Venice Villages shopping center in a busy and growing area of Venice, Florida. The current lease term is good through September of 2029. All current space upgrades and equipment are included in the sale of the business, including sales cases, POS equipment and the building signage.
- Website
- https://gulfcoastsunglasses.com
- Market Outlook / Competition
- This business is in a very busy shopping center, right between a Publix grocery store and Panera Restaurant. We're right down the street to a new development (Wellen Park) with over 22,000 new homes planned and being built. This area includes the spring training facility for the Atlanta Braves. There is no other Sunglass speciality shop in the area.
- Opportunities for Growth
- Growth should be fueled by the influx of new residents moving into the area. With over 22,000 new homes, sales should be strong.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $2,900.00 per month
- Lease Expiration
- 10/1/2029
About the Sale
- Seller Motivation
- Owner is retiring
- Transition Support
- Support and training can be discussed and included in the sale.
- Financing Options
- Business has been profitable since 2016.
Listing Info
- ID
- 2442658
- Listing Views
- 40
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2442658 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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