Optometry Practice For Sale - Well Established

Location: United States -> Alabama -> Northern Alabama
Industry: Health and Medical > Optometry

This established practice of 19 years is located in a free standing brick building. The office is located in a medium growth area in a small urban city with a large drawing area. This practice consists of 2,600 sq ft, 3 lanes, receptionist / waiting room (seats 9-10), business office, doctor office, hand edger, etc. Seller wants to focus on other practice 68 miles away and is asking $420,000. Gross income in 2008 (Jan-Mar) was $210k, in 2007 was $802k, and in 2006 was $778k. The insurance breakdown is 60% Patient pay, 30% Insurance, and 10% VSP. There are 300 patients per month with 60 new patients. The seller and associate each see 150 per month. The appointments are scheduled 12 months in advance. There are 2 receptionists, 1 office manager, 2 techs, and 2 opticians that work in the practice. Seller works 2 days per week. Contact for more information on this Optometry Practice for sale.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed

About The Business

Year Established: 1989
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Reason For Selling: Moving