Benchmark Business Group

Established High End Optical Shop

Benchmark Business Group specializes in the confidential sale and purchase of successful businesses throughout the United States. Our experienced team, proven systems, strong buyer and lender relationships, and expertise in presenting financially sound deals to qualified buyers result in satisfied buyers and sellers.  Below is the list of businesses we currently have for sale.

Listing ID: 2982
Industry: Retail: Clothing & Accessories

Quick Facts:

Listing Price:

$120,000

EBITDA:

4,917

Real Estate:

N/D

Gross Revenue:

$250,925

FF&E:

$33,000

Established:

1982

Cash Flow:

$64,077

Inventory:

$85,000

Employess (FTE):

2.00

Description:

This established high-end optical shop carries exclusive brands of high-fashion eyewear. The store offers a fun, relaxed atmosphere to view a large assortment of ophthalmic frames, ready-to-wear sunglasses and other accessories which attracts an affluent customer base that enjoys the unique selection. With a well-established brand, loyal customer base, and a curated collection of top-quality frames and lenses, this business is primed for growth!

Detailed Information:

Broker:

Tom Doyle

Location:

Midwest

Furniture, Fixtures & Equipment (FF&E):

Optometry Equipment, display shelving and misc fixtures

Facilities:

The business operates out of a leased space with approximately 1,300 square feet which includes retail space, an office/lab, an exam room and a common restroom and storage area. The facility is leased through July 31, 2025, for $1,850 per month.

NAICS:

456130

Inventory included?:

No

Reason for selling:

Retirement.

Market opportunities:

Expanding hours of operation and hiring more sales staff could increase sales. Adding an on-site optometrist could also greatly increase revenue. Establishing a consistent marketing message including a website and social media presence would greatly increase awareness for the business.

Competitive advantage:

The business is known for carrying the best brands and having extensive knowledge of their products. The store carries exclusive luxury brands not found anywhere else in town. The trendsetting designs, superior quality and craftsmanship, and personalized customer experience sets the business apart from other nearby retailers. 

Able to relocate?:

Yes

Real estate included?:

No

Real estate owned by seller?:

No

Real Estate leased from a third party?:

Yes

Real estate available for buyer to purchase?:

No

Seller financing available?:

No

Training provided by seller?:

Yes

Franchise ?:

No

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