Business For Sale Listing 151994
Optometry Practice - Well Established
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
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.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million |
| Profits: |
Between $100 Thousand and $500 Thousand |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($420,000) |
