Optometry Practice For Sale
Location Ohio,United States
Asking Price Range $500K - $1.0M
Gross Revenues $746750
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1978
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retiring.
Description Ohio Optometry Practice For Sale
Allen County, Ohio
Asking Price $530,000
The practice holds a strong and trusted reputation and has served its community for 33 years. It was originally established in 1978 and is surrounded by a variety of attractive demographical areas including residential & business districts, and urban developments. High-gross income paired with a high-net, makes this practice an opportunity for serious profit. The seller feels the time for retirement is now. The corner location of the building contributes a high level of visibility. It stands freely in its busy location and is accompanied by an ample amount of parking for patients (50 spaces). This highly trafficked destination ushers in a significant amount of patient visits. Inside the office you will find a receptionist area and waiting room with a 10-person capacity. Beyond these areas, you will find 2 fully equipped lanes, a doctor's office, staff lounge, business office, lab, resurfacing area, testing room, edging area, 2 restrooms, storage area, contact lens room, and a dispensary. This 2,200 square foot office is in excellent condition and includes well-maintained equipment. The Seller only works 16 per week and is able to reach a consistent gross income of over $700,000 per year. A new buyer can try a variety of new strategies to increase practice growth including patient recalls, providing medical services, or by working additional hours.
Gross Income:
2009 = $746,750
2008 = $823,885
2007 = $793,401
Email or call at 888-277-6633 for more information on this optometry practice for sale.
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