Cohen’s Fashion Optical
Cohen’s Fashion Optical franchise for sale in Brooklyn, New York
List Price: $195,000 USD
Key Facts
Annual Gross Revenue
$550,000 USD
Cash Flow
$50,000 – $100,000
Seasonal Business
No
Value of Inventory
Upon Inquiry
Value of Assets
Upon Inquiry
Year Established
Upon Inquiry
Business Operates From
A retail location
Location Is
Leased
Total Employees
Less than 10
SomewhatPrice/Terms
Flexibility
NoneSeller financing Available
Full-timeOwner
Involvement
About this Business
Over 30 years at the same location, GVS location, accepting most insurances.
All medical equipment is included (potential for medical billing). Very conveniently located by train and bus. Owner looking to move out of state.
Growth opportunities
Excellent opportunity for medical billing! With the right marketing and being open an extra day there's a lot more potential for greater growth! Store can be operated 7 days instead of 5 currently.
Owner's Day-to-Day Involvement
Owner is day to day
Asset Description
All medical equipment
Reason for Selling
MOVING OUT OF STATE
Why I Love My Franchise
Corporate team at Cohen's is always willing and ready to help and that makes a huge difference for new and existing owners! They don't push you to buy anything from them and always there when you have any questions. They have been very useful to us and we appreciate it!
About Cohen’s Fashion Optical
Cohen’s Fashion Optical is a well-established eyewear retailer with deep roots dating back over 90 years to its origins on the Lower East Side of New York City. Founded by Jack Cohen, who started with a pushcart business selling eyeglass frames, the brand evolved into one of the first fashion-focused eyewear retail locations in New York. Today, Cohen’s Fashion Optical continues to offer a wide range of designer eyewear, prescription glasses, and on-site eye exams across over 100 locations. The franchise leverages its long-standing credibility and dedication to style, providing customers with quality eyewear that combines fashion and function. With an initial investment ranging from $260,000 to $670,000 and a royalty fee of 5%, Cohen’s offers a proven business model that appeals to fashion-savvy entrepreneurs looking to enter the optical retail market.
Franchisee Support
Cohen's Fashion Optical provides robust support to franchisees to ensure success in the optical retail industry. New franchisees receive comprehensive training on operational procedures, customer service, and sales techniques. Ongoing support includes access to a dedicated franchise support team, marketing resources, and proprietary software for inventory management. Franchisees also benefit from assistance with site selection, store design, and strong supplier relationships to maintain a diverse product offering.
Brand Accolades & Awards
Cohen's Fashion Optical has been recognized as a Top 500 Franchise by Entrepreneur magazine, reflecting its strong market presence and commitment to franchisee success. The brand has earned awards for its innovative retail strategies, franchisee support, and dedication to quality eyewear and customer service.
Industry / Market
The optical retail market is expected to grow to $45 billion by 2026, expanding at a CAGR of 4% from 2021. Cohen's Fashion Optical, with its established brand presence and over 100 locations, is strategically positioned to capitalize on this growth by offering a diverse selection of designer eyewear and comprehensive eye care services. The brand’s focus on stylish, fashion-forward eyewear caters to a growing demographic of younger consumers, making it competitive in the evolving optical landscape.
Ideal Owner
The ideal Cohen's Fashion Optical franchisee is a fashion-savvy individual with a passion for eyewear and customer service. They should be organized, detail-oriented, and capable of managing a retail environment. Experience in the optical industry or retail is beneficial, along with strong sales skills to attract and retain customers. The franchisee should also be committed to upholding Cohen's reputation for quality and personalized service while capitalizing on the brand's legacy and market potential.