MergerPlace

Designer Discount Eye Wear in S. Florida

Florida (Broward)


  • Asking Price: $230,000
  • Gross Income: $254,750
  • Cash Flow: $58,366
  • Real Estate: Not Disclosed
  • Inventory: $220,000
  • FF&E: $40,000
  • Listing ID: #204229
  • Established: 1992
  • Employees: 1 FT - 4 PT

Business Description

Discount retail sales of designer eye-wear . 25 years operational. GREAT GROWTH POTENTIAL! High traffic location. Over 8,000 customer records. Lab on site, eye exams not currently offered but can be added. Currently not accepting insurance but new owner can offer this. Includes $220K in inventory. Huge Profit Margins! Price includes store displays. Owner closed Saturday – add day may boost revenue! All sales data verifiable via point-of-sale system.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Broward

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT - 4 PT

Financial Information

Asking Price: $230,000
Gross Revenue: $254,750
Cash Flow: $58,366
FF&E: $40,000
Inventory: $220,000
Seller Financing Available: No

Property Information

Facilities:

Business operates out of a 1,500 square foot retail storefront in a high traffic mall location for over 25 years.

Growth & expansion opportunities:

Owner has always been closed on Saturdays indicating an opportunity to boost sales. Owner does not offer eye exams which can further increase revenue. In addition, South Florida will continue to be a prime destination for retirees who are prime customers.

Competition:

The $140B global eye wear market will continue to grow due to aging population, urbanization, rise of middle income, increasing number of people requiring vision correction and use of eye wear as a fashion statement.

Reason for selling:

Seller is relocating.

Support & Training:

Owner will stay on for three weeks at no cost to the buyer.

Contact Business Seller

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Business Listed By:

Roberta Caputo

Capital Business Solutions