West Central MN Optometry Practice and Optical For Sale. $186k in Owners Cash Flow with Optometrist Owner only working 20 hours per week! 53331

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Health Care & Fitness Businesses for Sale

  • Primary Industry: Medical Practices

Great opportunity for an O.D. looking to own their first practice.
• This turnkey practice has been in business for 40 years in the lovely lake region area of West Central, MN.
• The Optometrist owner sees patients 20 hours per week and his appointments are consistently booked out more than one month ahead. A new Optometrist owner can potentially double the size of this practice if they simply expand the number exam hours to 40 per week.
• 2,400 sq. ft. attractive, stand-alone facility occupied by solo practitioner with thousands of patient records on file. Facility includes a welcoming reception area, 2 exam rooms, pretesting room, OCT/Visual Field room, and an open concept dispensary.
• Practice offers comprehensive eye exams, preventative vision care heavily weighted with cataracts, glaucoma, and macular degeneration, pre- and post- operative care, contact lens fittings and optical sales.
• Highly regarded practice with great patient satisfaction.
• $40,000 of Inventory and all the existing Furniture, Fixtures, and Equipment are included in the $295,000 sale price.
• The stand-alone building is available at a separate price of only $195,000 You never have to pay rent again!
• Bank financing available for 100% of the practice purchase price to a qualified O.D. buyer.

Sunbelt Listing ID: 53331

If you are looking to buy an Optometry practice, sell an Optometry practice, or would like an Optometry practice valuation, contact Keith Payne, Minnesota and Western Wisconsin’s Optometry practice sales specialist, to schedule a confidential and complimentary consultation.

Financial Information

  • $295,000 Asking Price
  • $171,231 Cash Flow
  • $384,012 Gross Revenue

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1982
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 1
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $40,000
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $195,000
  • Building Size: 2400
  • FF&E Included?: No
Business Listed by
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Show Phone Number
Listing ID
MINNEMN003-53331

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