Optical Shop and Repair Nets 120k

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OPTICAL SHOP NETS 120K

Business Description

This shop has been in existence since 1974 and is a stable business in a desirable setting located in a busy shopping center. The shop services include frame adjustments, frame repair on site, lens cut down, custom frames and frame modification.
They also offer an incredible selection of frames and eyewear in all shapes, sizes, and styles including kids frames, contact lenses, accessories and care for eyewear.
$10,000 Inventory included.

About the Business

Year Established:
1974
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,500
Facilities:
Located in busy shopping center. This shop has an in-house finishing lab which allows same day service on a variety of services and a full service repair center.
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About the Sale

Reason For Selling:
Owner has two other stores
Training/Support:
two weeks
Seller Financing:
will hold note for qualified Buyer

Listing Info

ID:
1501696
Ad Detail Views:
676
Asking Price:
$125,000

Gross Revenue:
$235,000
Cash Flow:
$120,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by

David Hoffman

David Hoffman & Associates Inc.

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U.S. Census Data for Delaware and Philadelphia Counties, PA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Delaware and Philadelphia Counties, PA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

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