UNDER CONTRACT: PEARLE VISION

FRANCHISE FOR SALE IN WESTCHESTER COUNTY, NEW YORK

List Price: $400,000 USD

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INTRODUCE ME TO THE SELLER

Annual Gross Revenue:

$900,000 USD

Annual Net Profit:

$150,000 - $200,000

Value of Inventory:

$50,000 - $100,000

Value of Assets:

$100,000 - $150,000

Business Category:

Business/Consulting Services

Business Operates From:

A Retail Location

Year Established:

2005

Seasonal Business:

No

+3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

Full-time

OWNER INVOLVEMENT

SUMMARY

Profitable 15-year established optical store and optometry practice in Southern Westchester County, NY looks for an owner to continue its legacy and upward trajectory! Located in a strip mall on a very busy major road, this well-respected industry leader accepts most major optical insurances with potential to expand into medical insurance. Many different types of designer frames and a wide selection of frames guaranteed to appeal to different income levels. Affordable, multiple-year lease creates cost certainty and peace of mind! Modern optical equipment enhances patient experience and satisfaction resulting in patient and customer loyalty. Professional, knowledgeable and courteous stafff along with current optometrist owner willing to work part-time will make transition seamless!

FACTS

Part-Time Employees:

1-5

Full-Time Employees:

1-5

Total Employees:

Upon Inquiry

Timeframe for sale:

Flexible

Total Approx. Monthly Rent:

Upon Inquiry

Lease Expiration:

1-2023

DESCRIPTION

DAY-TO-DAY INVOLVEMENT

Owner/Optometrist performs eye exams. Owner orders frames and contact lenses. Owner helps with customer sales. Through the computer system, owner checks on insurance eligibility of patients. Owner does daily sales reports. Owner calls in payroll to paychex. Owner does monthly business reports.Owner calculates weekly commission of sales staff. Owner pays monthly bills.

FRANCHISE BRAND ACCOLADES AND AWARDS

Pearle Vision is one of the top optical franchises in the optical industry.

ASSET DESCRIPTION

A large circular desk on which sits the cash register and the computer system as well as the phone. Several other desks for patients to try on glasses and be fitted for glasses. Many chairs for patients at these desks and chairs for patients waiting for exams. Santinelli edger, Marco/Nidek digital phoropter system, auto refractor (both partially paid for), Optos (partially paid for), Icare tonometer, lensometer, slit lamp, keratometer, NCT, chair and stand and assorted optical tools. Display showcases.

INVENTORY DESCRIPTION

A large selection of basic and designer frames as well as contact lenses.

BONUS MATERIAL

WHY I LOVE MY FRANCHISE

Pearle Vision is a quality, well-respected brand. The company offers a lot of support to franchisees.

REASON FOR SELLING

Owner does not want to work full-time anymore.

GROWTH OPPORTUNITIES

Potential to expand into medical insurance. Presently, the store is open Monday-Saturday. Therefore, one could open on Sunday to expand the business. Furthermore, social media can be used to appeal to a larger audience.

Some

SELLER FINANCING AVAILABLE

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