If Statement not correctly identifying that repo file exists

I'm a newbie at this so bare with me!

I have an if statement that is looking for the existence of a repo file in /etc/yum.repos.d/: My code is as follow:

OptoolsRepo='rhel-7-server-7.0-rpms'   

     if [ -e /etc/yum.repos.d/$OptoolsRepo ]
     then 
        echo " "
            echo "Your Repo For OpenStack OpTools already exists."
          else
        #       function add-repo() {
        #               reponame='rhel-7-server-rpms'
        #               url='XXXXXXX/XXX/XXX/XXXX/'
                        touch /etc/yum.repos.d/$OptoolsRepo.repo
                        echo -e "[$OptoolsRepo]\nname=$OptoolsRepo\nbaseurl=${urlOptools}\nsselverify=0\nenabled=1\ngpgcheck=0\nmetadata_expire=12h"  >> /etc/yum.repos.d/$OptoolsRepo.repo
        #}
     fi

In the /etc/yum.repos.d/ I see the following:

[root@XXXXX ~]# ls -lah /etc/yum.repos.d/
total 52K
drwxr-xr-x  2 root root 4.0K Oct 22 13:42 .
drwxr-xr-x 91 root root 8.0K Oct 19 14:18 ..
-rw-r--r--  1 root root 4.0K Oct 21 14:09 .repo
-rw-r--r--  1 root root  254 Jun 29 03:59 rhel7-isv.repo
-rw-r--r--  1 root root  269 Jun 19 10:45 rhel7-security.repo
-rw-r--r--  1 root root  518 Oct 22 13:42 rhel-7-server-7.0-rpms

I'm not sure why this is occuring. Is there a syntax issue with my "if" statement? Would love help if anyone can help!