SOLD Designer Discount Eye Wear- High Traffic Location
United States, Florida,
Asking Price:
$230,000
Cash Flow:
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$58,366
Gross Revenue:
$254,750
Location (Area):
North Broward County
FF&E:
FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$40,000
Discount retail sales of designer eye-wear . 25 yrs operational. GREAT GROWTH POTENTIAL! High traffic location. Over 8,000 customer records. Lab on site, eye exams not currently offered but can be added. Currently not accepting insurance but new owner can offer this. Includes $220K in inventory. Huge Profit Margins! Price includes store displays. Owner closed Saturday – add day may boost revenue! All sales data verifiable via point-of-sale system.
Facilities:Business operates out of a 1,500 square foot retail storefront in a high traffic mall location for over 25 years.
Relocatable:No
Home Based:No
Market Notes:Owner has always been closed on Saturdays indicating an opportunity to boost sales. Owner does not offer eye exams which can further increase revenue. In addition, South Florida will continue to be a prime destination for retirees who are prime customers.
Growth Notes:Owner will stay on for three weeks at no cost to the buyer.
Support Training:Owner will stay on for three weeks at no cost to the buyer.