Optometric Practice - High Growth Potential
Location California,United States
Asking Price Range < $250K
Gross Revenues $220000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description This long established practice has been in existence for more than 10 years (4 yrs in current location).The large sign outfront identifies the Optometric center in this popular strip center near to a mall and major anchor tenants. The 1,200 sq ft storefront office has 2 equipped exam lanes, prestest rm and visual field rm. The lab is equipped with a patternless edger. The rent is currently $3,600/mo with (2) five yr renewable options ( 1yr left on lease). Grossing around $220,000 with Seller only working 2 Days/week. Seller is burdened with operating a 2nd practice 25 miles away. Seller sees 12-16 exams/day. The source of patients is 30% Private Pay, 30% VSP, 10% MES, 10% Tricare, and 20% Medical/care. Office hours are Monday-Friday 8:30am-5:30pm. Seller works Monday and Thursday. There is an Optician and a Front Office that are Full time and an associate that works 1 day/week. ASKING $159,000 (including $31,000 in frames). Ref#OD728. Contact for more information on this Optometric Practice for sale.
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