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Businesses For Sale   >>   Massachusetts Businesses For Sale

Optometry Practice For Sale

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1978
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased

Description  
Greater Boston, MA - Optometry Practice for Sale This 36 year old optometry practice is located in the Boston area of Suffolk County, Massachusetts on a main highway in a retail shopping center with high visibility, traffic, and onsite parking. Median household income in this area is higher than state and national median household income. The retiring owner has built a strong brand and goodwill having been voted one of Boston Area's ''Top Doctors'' for many years who is very willing to assist and mentor a buyer transitioning into the practice. Average gross revenues exceed $320,000, with Owner working 30 hours per week or less and taking excess vacation time. 2014 fiscal year gross revenues exceed 2013 gross revenues by about 5%. Take advantage of a rare opportunity to buy a practice from a retiring doctor that is growing! The Office is spacious and clean with approximately 2,000 square feet, including: 1 exam lane (2nd possible), contact lenses room, reception area, closets, business office, private office, repair lab, optical dispensary. There is a full team of loyal dependable office staff, most of which are long term employees. The practice accepts all major health insurances. Insurance payments accounted for 32% of gross income, and patient payments accounted for 68% of gross income. Significant growth income potential for an ambitious doctor willing to work more OD hours and take vacation time similar to that of a full-time OD. Additionally, cost reduction opportunities are possible in certain areas which would result in increased net income. Asking price: $124,000 100% Bank financing available. Seller will consider partial financing for qualified candidates. Listing Brokers: Erik Ferjentsik, MBA and Peter Almonte, JD Visionary Practice Group LLC Phone: 877-268-8881 ext: 2


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