Location: United States -> Missouri -> St. Louis Co.
Industry: Health and Medical > Optometry

Businesses for sale Summary

This established practice of 26+ years is located in a strip mall on a major street. It is highly visible and close to freeways. The practice consists of 1,200 sq ft, 3 lanes (1 vacant), receptionist/waiting room (seats 10), doctor office, consultation room, etc. The Gross income in 2008 (Jan-Nov) was $186k, in 2007 was $238k, and in 2006 was $281k. Does 80% Insurance, (70% VSP), 10% Cash, and 10% Reduced Fee Plan. There are 125 patients/month; 45 are new. The practice has 4 employees. The office hours are Mon 9-7, Wed/Thurs 9-5, Fri 9-4, Sat 8:30-12. The seller hours are Mon 1-7, Thurs 9-5, Fri 9-4, Sat 8:30-12. Seller is moving and is asking $99,500.

Financials

Asking Price Range:  < $250K
Gross Revenues:   $238,000
Cash Flow:   $238,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1982
Number of Employees:  4 – 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Seller Moving