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Asking Price$225,000
Revenue$537,434 Established1976
Cash Flow$151,138 Employees5 full-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Established in 1976 this practice has been serving it's community for over 40 years. Consistent revenue over $500,000 creates a great foundation to build upon for the new Doctor with entrepreneur goals or those currently working for someone else as a staff Optometrist.  Doctor retiring but wants to set you up for success by making sure you are well prepared to take over the systems, the organization and the day to day operations of the practice/business.  Opportunity to own a great real estate investment as well for tax benefits and potential development in the future. This is a rare package that allows you to control the results of your personal and financial investment.
Facilities:Total building square footage is over 4,000 sq. ft. Part of the building is leased to another professional business. The practice occupies a portion of the building (app. 1,830 sq. ft.) including reception area, retail area including frames and contacts, admin. office, and two possibly 3 exam rooms. Floor plan is well designed to serve patients and allows for a very productive patient flow. Building can be purchased. List price is $725,000. Located on high traffic count ( 4 lane highway) a very attractive building with very large parking area as well as excess property for potential future development.
Competition:This practice has been consistent in revenues and retail sales due to it's quality service and location. There are competitors in the area however this business provides a one-stop service when it comes to exams, purchasing eyeglasses and frames as well as contact lenses.
Growth Potential:Better signage, more marketing and a fresh entrepreneurial spirit can bring this established, well-known practice to the next level of revenue and profit.
Training/Support:Dr. will assist in the transition and advising on the day to day operations of the business. Buyer must be licensed Optometrist and this is a great opportunity for a new doctor to buy into a well established and profitable practice.
Sale Reason:Retirement
Ad #94987
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Gary Sharp
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