West Hollywood / Beverly Center Optical Store For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $198792
Net Profit / Cash Flow $20193
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1980
Number of Employees 1 - 3
Inventory 25000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This West Hollywood / Beverly Center Optical Store is turnkey and ready for an experienced optician to capitalize on its historical goodwill, consistent customer traffic and steady income flow. The well-established store with tremendous growth potential has been a local staple for over 3 decades. While catering to the entire spectrum of eyeglass patrons and contact lens wearers, it offers all of the top brands from children and economy selections to names like Gucci, Prada and Ralph Lauren, just to name a few.
Asking Price $25,000 (Includes $25,000 in Inventory!)
This 900 square foot facility leases for $3,200 per month near one of the busiest intersections in all of Los Angeles. Ittƒ?s adjacent to one of the Cities most popular shopping areas so visibility and brand building potential is incredible. The sale includes all of the businesssƒ?s assets including all necessary equipment to run the day-to-day operation of the store.
Competition in the area is moderate which is a bit surprising being in the center of entertainment universe. While there are larger, more modern stores and big box department stores nearby, few possess the customer loyalty of this quaint neighborhood optical store.
Due to the Sellerrƒ?s health issues, many of the potential services have either not been fully been explored or implemented at all. With an abundant audience of customers, ancillary services such as eye exams would be an ideal way to increase margins as well as provide a service that is in high demand.
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