High End Optical Store For Sale

Opportunity Summary

OPTICAL STORE – This city is located in the southern San Fernando Valley region of LA County. This high end optical store has been established for over 25 years on the ground floor of a professional/medical building.The owner prides himself in excellent care and quality service. The wide range of frames includes designer wear as well as specialized ones for babies and young children (Value=$20,000). The latest technology is implemented in this practice.

The 654 sq ft office has a reception/waiting room (seats 6) and lab. The current lease terminates in 2009 and has one 5 yr renewable option. Seller is retiring due to illness. Asking $320,000. The gross income in 2006 was $490,331 and in 2005 was $464,065. Seller sees 40% =<20yrs, 20%=20-40yrs, 25%Respond to this opportunityyrs, and 15% over 60 yrs. Seller sees 6 pts/day and 40 new pts/mo with an average of 175/mo.

Office hours are Mon-Fri 10am-5:30pm; Sat 10am-1pm. The Optician works Mon-Fri 9:30am-5:30pm, Sat 9:30am-1pm. The sellers hours vary ( vacation time is 1-2 wks/yr). There is 1 FT office manager, 1 FT Optician, and 1 PT Optician that work in the optical store.

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