Established High Volume Optometry Practice

Business Overview:

A leading optometric service provider located within a high traffic anchored retail location in the the Boise MSA, is on the market. Established in 2006, this practice has a solid reputation for offering high-quality eye care services, including exams, contact lens fits, and office visits at competitive prices, thanks to its high patient volume and strategic location. With over 100,000 patient records, the business boasts a formidable recall system, supported by state-of-the-art equipment and a dedicated team of professionals ensuring a seamless operation. Revenue has shown consistent double digit growth. The facility includes two exam rooms, a reception area, and a pre-testing area, facilitating a high-volume operation. The current owner is committed to a smooth transition, offering 40 hours of training to ensure the continued success and retention of the vast patient base.

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Property Features and Assets:

Strategically located within a major, high-traffic retail anchored location, the office spans approximately 250 square feet, optimized for high efficiency and patient flow. The lease is standard for similar locations, offering flexibility with a 30-day notice period. The space is well-maintained, comprising two exam rooms, a reception, and a pre-testing area, all equipped with current technology for comprehensive eye care services.

Assets = $49,500

Market Competition and Expansion:

The optometry sector, as detailed by industry analyses such as IBISWorld, has demonstrated robust growth, fueled by increasing awareness of eye health and the aging population. The integration of optometry services within retail spaces, especially in wholesale clubs, offers convenience and attracts a steady flow of customers seeking comprehensive eye care solutions. This model has proven to be particularly resilient, even in fluctuating economic conditions.

The potential for growth is significant. Expanding operational hours to include Sundays, modernizing the recall system, and remodeling the office space to accommodate an additional exam room are viable steps to increase patient turnover and revenue. Furthermore, leveraging digital marketing strategies and enhancing the post-sales engagement process could tap into a broader customer base.

Reason for Selling:

Additional Details:

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