Description

This practice is located in the Twin Cities south metro area and enjoys a significant amount of foot traffic. The practice carries a wide assortment of stylish, well-known brands of frames and sunglasses and enjoys a much higher than industry average of optical sales. The practice features a well-equipped exam room and a spacious dispensary with beautifully displayed frames. Nearly $100,000 of inventory is included in the purchase price!
This practice’s is not owned by an OD and its primary focus has been optical sales. As result, a very small percentage of its revenue comes from eye exams and eye care. This is a great opportunity for an OD to purchase the practice and significantly increase revenues by adding a more robust eye care component to the practice.
Revenues in 2016 were $394k and Owner’s Cash Flow exceeded $70k. This Optometry practice is for sale at $350,000. Bank financing will likely be available for 100% of the purchase price to a qualified OD buyer. This is a great opportunity for an associate OD to own their first practice or an existing OD/owner to add an additional location.