Optical Boutique in Manhattan with Loyal Customer Base
Financial Details
- Asking Price:
- $550,000
- Annual Revenue:
- $600,000
- Cash Flow / SDE:
- $180,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.1x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing features a well-established optical boutique situated in a prime Manhattan location, New York City. The business benefits from high foot traffic and a busy street presence, surrounded by major retail stores, banks, and corporate buildings. It caters to a loyal customer base with numerous repeat clients and works with major insurance companies and unions. The boutique offers a comprehensive selection of designer frames and includes an on-site lab room for efficient glass edging, enhancing customer service capabilities. The staff is described as hardworking. The owner is motivated to sell due to relocation out of state. Financial highlights include $600,000 in Sales and $180,000 in Cash Flow, with an Asking Price of $550,000. This presents a strong opportunity for growth in a desirable urban setting.
Industry Information
- Industry Description:
- Optical Stores and Opticians
- Classification:
- Retail
Operational Snapshot
- Reason for Selling:
- Relocation
Real Estate & Lease
- Status:
- Available On Request
Listing Details
- Listing ID:
- a92a1387-6431-40c4-bf83-4e08ce97c3d1
- Source Listing ID:
- 34579
- Deal Status:
- For Sale
- Date Posted:
- August 24, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD