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Optical Laboratory
Location Ohio,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $9999999
Net Profit / Cash Flow $9999999
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Leased
Training Yes, at another location.
Reason for Sale Current partner is exiting business.
Description Company/Location Confidential
No companies, existing partnerships, private equity, or other investment firms.
Partner wanted to invest in a minority shareholder position in a wholesale optical laboratory.
Website: partnerlaboratories.com
Confidential Inquiries can be made by email.
We are looking for an individual partner, who desires an active day-to-day leadership role. This is an established business with a great history. The Partner will have significant ability/autonomy to manage and direct the day to day operations of the Optical Laboratory. This includes complete responsibility for budget, P&L, sales growth, operations, and business growth. The Partner will be supported with a corporate shared services structure.
Partnership requires significant investment by the individual. Interested parties need to have an appropriate amount of cash available to invest in the business. Amount needed will be determined by an agreed upon valuation of the business, a subsequent multiple of EBITDA, and a desired resultant minority share purchase of up to 20%. Interested candidates will be required to meet the IRS requirements of a ''qualified investor.''
This is a great opportunity if you have significant business leadership experience with an optical business, desire independence but would like the benefits of expertise and functional support that an industry leader can provide. The successful candidate will also receive a competitive compensation and benefits package.
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