Optical Retail Store for Sale in Ottawa

Listing ID:
OTTAWON001-N1318

Ottawa, Ontario, Canada

Optical Goods Stores

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Greg Kells

gregkells@sunbeltcanada.com

Description

Updated retail optical store for sale in Ottawa. This recently renovated business retails and fills prescriptions for single vision, bifocals, trifocals, progressive, high-definition glasses and contact lenses. All equipment is brand new and the facility is in excellent condition. Located in a busy shopping plaza, this business boost excellent lease terms. There is opportunity to significantly increase sales through an active advertising and marketing campaign. The current owner, an experienced licensed optician, will provide training during transition and can stay after the sale of the business. Please contact Greg Kells at 613-731-9140 ex 225.

Financials

Asking Price:$120,000
Revenue:$150,000
Cash Flow:$29,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$62,900 (Included in Asking Price)
Inventory Asking Price:$13,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:990 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2015
Year Acquired:
Full-Time Employees:1
Part-Time Employees:N/A
Reason For Sale:Limited Capital. Need more capital to further grow the business.