Established Optical Shop in Minneapolis, MN - 109 Years of Service

This listing presents a well-established optical shop located in Minneapolis, MN, with an impressive 109-year history of serving its community. The business has cultivated a strong reputation built on trust and exceptional customer service, resulting in a loyal base of returning customers, some of whom have been patrons for over three decades. The operation boasts a highly qualified eye doctor and optician, supported by an experienced and stable staff with low turnover, making it an ideal opportunity for optometrists looking to own their practice. The business generates an estimated $550,000 in annual sales and maintains a substantial client database of approximately 6,000 names. It accepts most major insurance plans, including BCBS, Health Partners, and VSP, among others. The location is noted to be near new parks and housing developments, suggesting potential for future growth. While specific financial metrics like cash flow and EBITDA are not detailed, the long operating history, estimated sales, and established customer base indicate a solid business foundation. This is a prime opportunity to acquire a legacy business in the healthcare sector.