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Price Reduced on Central Minnesota Optometry and Optical Practice for Sale. SBA Financing

Financial Information

  • Asking Price: $329,000
  • Gross Revenue: $689,474
  • Cash Flow: $166,843
  • Down Payment: 0
  • FF&E (Not Included): N/A
  • Inventory: $40,000
  • Financing: Yes

Business Location

  • St. Paul-Minneapolis-Twin Cities
  • Minnesota
Primary Business Category: Personal Care Services

Well established, Branded Optometry and Optical practice in Central Minnesota with a modern and contemporary feel. - Turnkey spacious facility featuring an exam room, pre-test room and lab with the possibility of adding a second exam room. - Beautiful spacious dispensary featuring $40k of eye ware included in the sale price. - EHR system in place as well as POS software. - Current owner's patient exam scheduling is only 25 hours/week leaving new ownership room to grow business by offering more patient exam options. - Sales in 2018 exceeded $689k and Owner's Cash Flow was nearly 167k. - Asking price of $329k includes inventory, furniture, fixtures and equipment. - Bank financing will be available for 100% of the purchase price to a qualified O.D. buyer and seller financing may be considered for highly qualified, non-O.D. buyers. For more information, contact Randy Krivo, Sunbelt Business. (612) 843-0075. [email protected] If you are looking to buy/sell an Optometry practice, or would like an Optometry practice valuation, contact Randy Krivo, Minnesota and Western Wisconsin's Optometry practice sales specialist, to schedule a confidential and complimentary consultation.


Financing Comments

Bank Financing for 100% of Purchase Price to Qualified OD Buyer


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1982
  • Franchise: Yes
  • Year Acquired: 1988
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 1
  • Part time Employees: 3
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2000 sq ft
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Minneapolis

Contact:
Office Phone: 612-455-0880
Mobile Phone:
Listing ID: MINNEMN003-N1701

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