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- RE: Optometric Practice Looking For An Exit Strategy
- Contact: Roberta Caputo
Quick Facts
Asking Price: | $335,000 | |
Annual Revenue: | $704,620 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $158,425 | |
Total Debt: | Not Disclosed | |
FF&E: | $69,295 | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 3 | |
BBN Listing #: | 949449 | |
Broker Reference #: | 3887 |
Business Overview:
This is an established Optometric Practice with a Doctor of Optometrist that has been in practice for 26 years with 20 years in the same location. The Doctor is looking toward retirement.
The up-to -date examination equipment in the office has the capability to do digital retinal imaging, pachymetry, corneal topography, Optical Coherence Tomography (OCT), visual fields, non-contact tonometry, autorefraction/keratometry, anterior segment imaging, and Blephex treatments.
There is one licensed Dispensing Optician, one unlicensed assistant and one tech. The office has a reputation for exceptional eyecare. Whether the patient needs eye exams, they can choose from a wide selection of fashionable frames, or needs personalized advice, this office is committed to excellence in serving family’s eye care needs.
The Doctor may consider staying on 1-2 days a week part-time, post-closing.
Financial information stated is an annualized number from 2024 Profit Loss statement.
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Property Features and Assets:
1,824 square feet retail space in busy shopping center.
Market Competition and Expansion:
- The Optician plays a crucial role in helping patients achieve optimal vision by fitting corrective lenses and customer service. The Optician play a vital role in guiding patients through all purchases related to eyewear and will assist in choosing new glasses, prescription sunglasses, and contact lenses.
- Growth Notes:Many growth opportunities exist by updating the website, by marketing through social media channels that attract new patients. Onboarding another Doctor of Optometrist to build on the well-established reputation of this practice.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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