Profitable Beverly Hills Golden Triangle Luxury Sunglass & Optical Shop - Low Rent Gem
Beverly Hills

Location - Location - Location!

When you combine high margin eyewear with a great location, what do you get? Frames in this established store have an incredible markup and range mostly from $500 to $1000+. Lenses have more than double the frame markup and range from $200 to $1200. Complete the contact form in order to learn more.

If not already an optician, a buyer can take a 6-month training course offered by many schools for under $3000. Some schools are online. In the meantime, or alternatively, an optician may be hired for under $30/hr.

The seller needs heart surgery and has operated the store less than half time. While assessing this opportunity is possible by a diligent buyer, traditional financial documentation is not available. With leasehold improvements estimated at $40,000, equipment and fixtures estimated at $25,000, inventory of $25,000 ($100,000.00 retail), high profit margins, location, and reduced rent, this is a very unique and established opportunity for you, your spouse, or perhaps other family memberThe seller has been able to reduce the store lease from $8000 years ago to $4600 after NNN today and states the landlord is amenable to extending this lease amount to a new buyer. A closed restaurant is opening soon next door and should increase traffic on this already busy street. The location attracts tourists and locals.

This is a rare find in this part of Beverly Hills. Seller also states that the lease should allow for other high margin accessories. A new buyer will need to confirm and solidify lease terms with the landlord.

To receive detailed information about this opportunity, please complete the contact section provided, including your full name, phone number, and email address. Upon submission, you will receive an electronic Non-Disclosure Agreement (NDA) via email from notifications@zoho.com. If you do not receive the NDA in your inbox, please check your spam folder. We will require proof of funds during the process so please be ready to provide. We eagerly anticipate receiving the signed NDA to facilitate the exchange of additional information. Thank you. The listing agent Kaseu Huma (DRE #02124143) can be reached at kaseu.huma@fcbb.com or call (909) 968-9741

Listing Number:

24567

Category:

Retail

Location:

Beverly Hills
$199,000

Financial Information:

Gross Revenue:

$250,000

Listed Price:

$199,000

Down Payment:

$0

Total Income:

$120,000

Year Established:

2021

Lease Information:

Square Feet:

500

Total Rent:

$4,600

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$40,000

Equipment / Fixtures:

$25,000

Inventory:

$25,000

Other Assets:

Lease

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

1

Special License Required:

Employ a CA Licensed Optician

Contract Staff:

0

Training Period:

4 weeks / 20 hours

Reason for Selling:

Medical Reasons

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Kaseu Huma
Office: | Cell: (909) 968-9741
License #: CA DRE #02124143

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Kaseu Huma
Office: | Cell: (909) 968-9741
License #: CA DRE #02124143

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

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Profitable Beverly Hills Golden Triangle Luxury Sunglass & Optical Shop - Low Rent Gem
Beverly Hills

Listing Number:

24567

Category:

Retail

Location:

Beverly Hills

Listed Price:

$199,000
brokerPhoto
Kaseu Huma
Office: | Cell: (909) 968-9741
License #: CA DRE #02124143

Location - Location - Location!

When you combine high margin eyewear with a great location, what do you get? Frames in this established store have an incredible markup and range mostly from $500 to $1000+. Lenses have more than double the frame markup and range from $200 to $1200. Complete the contact form in order to learn more.

If not already an optician, a buyer can take a 6-month training course offered by many schools for under $3000. Some schools are online. In the meantime, or alternatively, an optician may be hired for under $30/hr.

The seller needs heart surgery and has operated the store less than half time. While assessing this opportunity is possible by a diligent buyer, traditional financial documentation is not available. With leasehold improvements estimated at $40,000, equipment and fixtures estimated at $25,000, inventory of $25,000 ($100,000.00 retail), high profit margins, location, and reduced rent, this is a very unique and established opportunity for you, your spouse, or perhaps other family memberThe seller has been able to reduce the store lease from $8000 years ago to $4600 after NNN today and states the landlord is amenable to extending this lease amount to a new buyer. A closed restaurant is opening soon next door and should increase traffic on this already busy street. The location attracts tourists and locals.

This is a rare find in this part of Beverly Hills. Seller also states that the lease should allow for other high margin accessories. A new buyer will need to confirm and solidify lease terms with the landlord.

To receive detailed information about this opportunity, please complete the contact section provided, including your full name, phone number, and email address. Upon submission, you will receive an electronic Non-Disclosure Agreement (NDA) via email from notifications@zoho.com. If you do not receive the NDA in your inbox, please check your spam folder. We will require proof of funds during the process so please be ready to provide. We eagerly anticipate receiving the signed NDA to facilitate the exchange of additional information. Thank you. The listing agent Kaseu Huma (DRE #02124143) can be reached at kaseu.huma@fcbb.com or call (909) 968-9741

Financial Information

Gross Revenue:

$250,000

Listed Price:

$199,000

Down Payment:

$0

Total Income:

$120,000

Year Established:

2021

Lease Information

Square Feet:

500

Total Rent:

$4,600

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$40,000

Equipment / Fixtures:

$25,000

Inventory:

$25,000

Other Assets:

Lease

Additional Information

Full-Time Employees:

1

Part-Time Employees:

1

Special License Required:

Employ a CA Licensed Optician

Contract Staff:

0

Training Period:

4 weeks / 20 hours

Reason for Selling:

Medical Reasons

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.