C.A Raison Optica Ltd IM

EXECUTIVE SUMMARY

OVERVIEW

1.1. C.A. Raison Optica Limited (‘C.A. Raison Opticians’ or ‘the Company’) is an independent opticians with a prime town centre location, based in Barnsley, South Yorkshire.

1.2. The comprehensive range of services offered by C.A. Raison Opticians, value for money and its highly personable service approach have earned it an excellent reputation in its area and facilitated strong relationships with customers.

HISTORY AND OWNERSHIP

1.3. C.A. Raison Opticians opened in August 1993. It was incorporated in July 2002.

1.4. Over the years, the Company has developed a loyal patient base, returning for regular eye examinations, contact lens fitting and supply, and spectacle dispensing.

1.5. C.A. Raison Opticians’ shares are divided between Director Christopher Andrew Raison, who holds 51%, and Deborah Elizabeth Raison, a non-active shareholder holding 49%.

1.6. Having built up a successful operation over 30 years, our Clients are now offering the business for sale to facilitate their plans for retirement and due to health reasons.

PRODUCTS AND SERVICES

1.7. Utilising a highly experienced team, and being registered with registered with the General Optical Council (GOC), C.A. Raison Opticians provides:

• Sight tests and eye care services • Contact lenses • Spectacle frames and lenses, and sports glasses • Accessories

1.8. The Company maintains positive relationships with a number of leading suppliers, enabling it to source a wide range of products to suit all preferences.

CUSTOMERS

1.9. Operating on a regional basis, C.A. Raison Opticians serves private and NHS customers within Barnsley and the surrounding areas.

1.10. The Company receives a high amount of repeat custom and referrals due to its high standards of service, with circa 85% of overall sales generated by existing customers.

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C.A. Raison Optica Limited | Information Memorandum