REDUCED Retail Eye Care Center/Practice

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SBA PRE-APPROVED FOR OWNER OPERATOR (OD)!
Asking Price:
$499,000

Gross Revenue:
$679,542
Cash Flow:
$220,697
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$35,000
included in asking price

FF&E:
$75,000
included in asking price

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Business Description

SBA PRE-APPROVED FOR OWNER OPERATOR (OD)!! Located in West Houston, well respected franchise eye care center is now available for interested buyers. Although ideally owner operated, and an excellent TURNKEY opportunity for an Optometrist entering the market, the business has been successfully absentee operated for almost two decades. Excellent location, strong community presence and loyal patron following for providing complete eye care. Subtract $136k from income number for absentee owned.

About the Business

Location:
Harris County, Texas
Year Established:
2000
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
2,715
Rent:
$7,013.75 Per Month
Facilities:
Shopping plaza location. In addition to monthly rent, CAM and NNN is approximately an additional $3,000
IDEAL FOR PRACTICING OD LOOKING TO ENTER MARKET!
Growth & Expansion:
Buyer may opt to not renew the franchise agreement, which would result in an additional SDE of approx. $100k. Would require replacement of signage and rebranding.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1572310
Ad Detail Views:
2

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Business Listed by

Bobbi Coffey

Transworld Business Advisors

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Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors


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