Description

This well established Optical Shop has been a fixture in the Northeast Twin Cities metro area for more than 50 years. It has a great reputation for providing exemplary customer service and wide range of product to meet their customer’s eyewear and vision needs. 100% of the sales are private pay…there are no insurance billings to deal with.
Over the past few years, sales have consistently been in the $170k - $225k range and owner’s cash flow in 2015 exceeded $75k. The business is priced for a quick sale at ONLY $87,500, which includes all the FF&E and $25k of inventory. The real estate that houses the business is also for sale at a separate asking price of $88,500 (never make a rent payment again!).
This is a wonderful opportunity for an Optician that wants to apply their skills and experience to a business of their own. It’s also a great opportunity for an OD to purchase the business, outfit it with the equipment necessary to perform eye exams on-site, and significantly increase revenues (this makes this a highly desirable option vs. a cold start practice).
Bank financing for BOTH the business and the real estate is available to qualified buyers with only $36k down. It’s a very unique opportunity to be able to buy both a business AND the property for such a low down payment.

Posted Nov 6, 2015

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