MergerPlace

Vision Center

Pennsylvania (Montgomery)


  • Asking Price: $395,000
  • Gross Income: $884,208
  • Cash Flow: $187,461
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $50,000
  • Listing ID: #214085
  • Established: 1978
  • Employees: 2 FT / 1 PT

Business Description

Very Well established Optical shop....same owner 25 years.Very consistent sales and profits. No experience required as this is a franchised business.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: Pennsylvania
County: Montgomery

Company Information

Year Established: 1978
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT / 1 PT

Financial Information

Asking Price: $395,000
Gross Revenue: $884,208
Cash Flow: $187,461
FF&E: $50,000
Inventory: $30,000
Seller Financing Available: Yes

Property Information

Facilities:

Facility is located in a Major Mall. The location has been an Optical shop since the Mall opened circa 1978. The facility is located near the food court and consists of $1,383 sq. ft. The lease ends 6-30-2021 and there is a five year option.

Growth & expansion opportunities:

Accept third party insurance they do not accept at this time.

Competition:

Other major eye care stores in the Mall include Sears, Visionworks and Lenscrafters.

Reason for selling:

Retirement

Support & Training:

Will train for 2 weeks @ no cost No special licenses are required. In PA opticians do not have to be licensed. Franchisor will train.

Contact Business Seller

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Business Listed By:

Bernie Siegel

Murphy Business Brokers