For Sale

Busy Opticians in Great Trading Location

Glasgow,

£49,995 +SAV

Ref: B04622

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe are delighted to welcome to the market this well-established opticians business in Easterhouse, Glasgow. The business has been under the meticulous ownership of our clients since 1976 & is only now being offered to the market due to our clients` desire to take well-deserved retirement.

The business is open 4 days per week and generates a turnover in the region of £120,000 per annum, with a gross profit in the region of £97,000.

Our client offers a variety of optical services including sight test and eye examinations, field tests, as well as offering expert advice and knowledge. The dispensing optician stocks a wide range of frames and lenses, which include all the latest styles and designer brands.

The business has an excellent reputation within the area for the high quality and friendly services offered, which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth referrals.

We feel there is fantastic potential to increase turnover with the introduction of extended opening hours, along with the undertaking of a robust marketing campaign and the introduction of a dedicated web site to promote the business along with an online facility to book eye tests & appointments making this a great opportunity for somebody looking to run their own business or a similar or larger business of a similar nature looking to expand within the local area.
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A tremendous opportunity to own this turn key business, and early enquiries must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised that tenure is offered on a leasehold basis , currently set out on a rolling yearly basis.

RENT £8500 Per Annum

Hours

Monday – Friday - 0930 – 1730
Tuesday – Closed
Saturday – Sunday – Closed

Staff

The business is run & managed by the current owner & 2 staff members.

Financial Profile

The Business has reported a gross annual turnover in the region of £120,000 pa. , with gross profit of £97,000 and a net profit of £38,200 pa.

Location

D Abrahams Optical Services is located on the upper level of the popular Shandwick Square shopping centre in the busy and thriving Easterhouse area of Glasgow.

The business is surrounded by a wealth of complimentary retailers within the shopping centre resulting in a good level of footfall with many repeat customers. The location also benefits from a large onsite free carpark & is well located for public transport links to the city centre.

Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds. As of the 2011 census, the city had a population density of 3,395 people per square kilometre.

The city offers many amenities for a wide range of cultural activities, from curling to opera and ballet and further benefits from an excellent public transport network and international airport.

Premises

The business is located in an upper, double fronted retail unit located within a shopping centre.

The front shop has a bright, well-presented reception area with service / reception desk, modern wall mounted frame displays can also be found in the front shop area.

Mid shop can be found two private consulting rooms with modern optometrist equipment set up for eye tests.

To the rear of the premises is a small office area, further storage and two W/C’s. The premises have been well maintained, benefiting from a fresh, clean appearance.

All testing equipment & industry specialist tooling can be included. (full inventory to be supplied).

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