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Business for Sale Summary

Queens Optical Store - 25398

Business Type: optical,health/medical/dental practices
Queens Optical Store
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Financial Information (non-confidential)

General Information
Asking Price $510,000 Down Payment $350,000
Gross Revenues $663,000 Lease Remaining Register Free to View
Owner’s Cash Flow $157,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $160,000 at 5% over 3 years

Business Description

Long standing Queens Optical store in business for 28 years. Built up over 25,000 loyal patients through relationships with over 6 Ophthalmologists in the area. Affiliated with all insurance and union plans. Located in shopping strip with plenty of free parking. Pays 2 PT Dr- Optometrist over $52k per year. Optometrist owner- operator could add the $52k to net cash flow. No local advertising- just internet. Cd add billing for medical testing.Upper middle class area. Contact broker Joseph Stansky for more details.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.