Optometry Practice For Sale - Well Established
Location Alabama,United States
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Moving
Description 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.
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