MergerPlace

Franchised Vision Center Network

New York


  • Asking Price: $1,225,000
  • Gross Income: $1,885,457
  • Cash Flow: $369,599
  • Real Estate: Not Disclosed
  • Inventory: $75,000
  • FF&E: $450,000
  • Listing ID: #215353
  • Established: 2018
  • Employees: 9 FT/ 0 PT

Business Description

Very high end glasses. These high traffic locations drives the business. Three locations, each inside a Retail Department store. Corporate does all the eyeglass and lens work. Very easy to operate. Hi tech-low cost prescription services when needed to make the sale.


Business Details

Primary Business Category: Services - Other Services
Location: New York

Company Information

Year Established: 2018
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 9 FT/ 0 PT

Financial Information

Asking Price: $1,225,000
Gross Revenue: $1,885,457
Cash Flow: $369,599
FF&E: $450,000
Inventory: $75,000
Seller Financing Available: No

Property Information

Facilities:

Typically 300 or so square feet inside each location.

Growth & expansion opportunities:

A solid manager in each location will help these locations reach and exceed corporate projections. Expansion to more retail locations is possible in the future.

Competition:

They are exclusive inside these popular retail stores.

Reason for selling:

It is the business plan for corporate to open the locations and sell off to a sub-licensee.

Support & Training:

Will train for 1 week @ no cost. All they do is sell prescription eyeglasses. No special skill or licenses needed.

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Business Listed By:

Bernie Siegel

Murphy Business Brokers