Vested Business Brokers Ltd
Phone: 877-735-5224
Apparel Stores For Sale in New York
  • Apparel Stores For Sale in New York

Luxury Eyewear Store - 26641

  • Listing Id: 8048
  • Broker Name: Vested Business Brokers Ltd
  • Category: Apparel Stores
  • Asking Price: $399,000.00
  • EBITDA: N/A
  • Real Estate: N/A
  • Cash Flow: $150,000.00
  • Inventory: $60,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $650,000.00
  • FF&E: $125,000.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: New York County
  • State: NY
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

- This Luxury Eyewear Store in the Vicinity of The Empire State Building and Penn Station is where local residents, workers, and tourists keep coming back for the right eyewear -- from prescription glasses & sunglasses to designer frames and contact lenses. - Designer eyewear includes Gucci, Bulgari, Tom Ford and many others. - Great Yelp reviews! - 9 years left on the lease! Rent is only $6,620/month for 1,500 square feet of more than ample space. - Open Monday-Saturday 10am-8pm. - The seller has been in the eyewear business for more than 25 years and is now ready to retire. The store has been under his ownership for 17 years. - All of the store's equipment and inventory is included in the asking price. His inventory is comprised of $55K in frames, $2.5K in contact lenses, and $2.5K in uncut eyeglass lenses. He estimates the replacement cost of the furniture, fixtures and equipment at $125K. - A brand new central air conditioning system was installed recently. - The seller's loyal and highly trained employees would like to stay on. - The business has been running successfully without a website and any serious social media strategy. - Make Your Best All Down Offer --This One Won't Last Long! - Please refer to the Confidentiality Agreement below for further information.
Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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