686 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Well Establish Optical Shop For Sale at ONLY $65,000

St. Paul-Minneapolis-Twin Cities, Minnesota, United States
Photos Website Map
Asking Price$44,500
Revenue$160,460 Established1952
Cash Flow$64,507 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
Inventory$25,000* RelocatableNo
Real Estate$95,000 Home-basedNo
* Included in Asking Price
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 is nearly $65k. The business is priced for a quick sale at ONLY $44,000, which includes all the FF&E and $25k of inventory. The real estate that houses the business is for sale at a separate asking price of $95,000 (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. Seller Financing will also be considered. For more information on this business and real estate, contact Randy Krivo, Sunbelt Business Broker - Practice Sales Specialist. (612) 843-0075 rkrivo@sunbeltmidwest.com
Sale Reason:Retirement
Ad #98239
Seller Reference #MINNEMN003-N1638
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Email Address