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Business Listed by

Sunbelt Charlotte

Contact: Ed Schutzman
Office Phone: 704-897-8232
Mobile Phone: (704) 644-1145
Listing ID: CHARLNC001-N759

Profitable Optometric Practice - Proven Track Record for all Medical Specialties & Dispensing

Financial Information

  • Asking Price: $325,000
  • Gross Revenue: $350,000
  • Cash Flow: $100,000
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Southeast
  • Pennsylvania
Primary Business Category: Offices of Optometrists

Reliability makes a difference: Known for outstanding professionalism over many years, this one-optometrist practice area emphasizes a medical model with full-service optical dispensing configured to accommodate a second optometrist. This patient-friendly facility is fully computerized with the latest in high-tech equipment. An experienced staff assists the optometrist with all phases of testing and billing, as well as all pre-exam and specialty testing. This group is known for its expertise in diagnosis and treatment of anterior segment diseases and glaucoma as well as corneal dystrophies and refractive irregularities with scleral contact lenses. This niche competency provides a significantly higher margin from product and service.A collection of soft contact lens with two fitting sets is representative of all the major manufacturers, with standard and exotic designs. They also offer a selection of over 600 eyeglass frames. Patient hours are consolidated into four days with two longer-hour days. All insurances (including Unions) accepted.Located in a desirable suburban city near a Metro area, this practice has become a vital resource for local and nearby communities. The facility is a converted home in a comfortable residential neighborhood only a couple blocks from town center. The practice occupies the main floor with two fully-equipped examining rooms - With a corneal topographer and keratometer in the primary roomPotential: With the ever-increasing aging Boomers there is a particular need for the special glaucoma and corneal expertise offered by this practice. Perfect fit for a larger practice expansion.Seller prefers to include his very desirable Real Estate at FMV of $375,000. With two upper level rental contracts in place, this is a cost-efficient acquisition.


Competition Description


Growth / Expansion overview


Support / Training Comments

Seller will negotiate a transition period


Financing Comments


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1968
  • Franchise: No
  • Year Acquired: 1968
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, OD

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $375,000
  • Real Estate Asking: $375,000
  • Days Open: Monday-Thursday
  • Fulltime Employees: 4
  • Part time Employees: 1
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2,500 sq ft
  • Monthly Rent: N/A
  • Lease Terms: Available for purchase or lease

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