Established High End Optical Shop
Ames, IA
| Asking Price: | $120,000 |
| Gross Revenue: | $250,925 |
| FF&E: | $33,000 |
| Cash Flow: | $64,077 |
| Inventory: | $85,000 |
| Established Year: | 1982 |
Listing ID: 2143011Listing provided by BizBuySell
BUSINESS 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!
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Ames, IA
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
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.
Competition
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.
Growth & Expansion
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.
Support & Training
Negotiable.
Reason for Selling
Retirement.
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