Established Optical Store at Great Location in Queens

Listing Number: 86471-710742

Description

This established optical store has been in business for 30 years in Queens. It’s located at a super busy street, great traffic in both walking and driving. The location has 1100 square feet, with an exam room and a lab inside. This store provides a large selection of quality frames, lenses and all of the necessary accessories. It accepts major types of insurance and has contracts with GVS, Vision Screening, and many other insurance companies. Excellent location in an upscale neighborhood. 3 plus 5 years left for the lease and it’s easy to renew. The store is beautiful and does $400k a year in sales. Large customer base, stable repeating customers. Current owner is retiring. A new owner operating can make it into a high-volume store at this high profit location.

Listing Details

  • Price: $225,000
  • Down Payment: TBD
  • Sellers Discretionary Earnings: $100,000
  • Total Sales: $400,000
  • Location: Queens County, New York

  • Inventory: $8,000
  • FF&E: $25,000
  • Employees: 3
  • Year Established: 1993
  • Reason for Selling: Retirement
  • Category: Optical Related

Business Listed By: