Optometry Practice with $150K+ Earnings

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Medical Businesses for Sale

This is a very well-known and branded franchise that has a national presence and great reputation in the optical market. This particular office has been in business for 10 years and the seller is the full-time optometrist and has 1 full-time optical manager and 3 part-time optical technicians on staff. The business provides eye and contact lens exams and has a showroom which sells prescription glasses and contacts. The owner performed over 1,800 exams in 2021 and has a database of over 8,000 patients. Sales have been growing the last few years with 2021 revenue coming in at just over $670,000 with $156,000 in SDE to the owner. Revenues in 2022 through Q1 are up about 10% compared to last year with profit up as well. This is a great opportunity for a licensed optometrist to take over an established practice with a good staff in place. That said, it's not required that the new owner be an optometrist. Someone could choose to hire an optometrist to perform exams and the new owner could help manage the retail side of the business. All details will be provided with a signed Non-Disclosure Agreement and Buyer Qualification Profile.

Financial Information

  • $175,000 Asking Price
  • $156,000 Cash Flow
  • $670,000 Gross Revenue
  • On request Down Payment
  • Yes Financing
  • $30,000 Inventory

Business Location

  • City: Highlands Ranch
  • State: Colorado

Support / Training Comments

  • Seller & Franchise will provide training

Financing Comments

  • Seller will consider some financing for a qualified buyer

Reason for Sale

  • Retirement

Detailed information

  • Home Based: No
  • Franchise: Yes
  • Relocatable: No
  • Part time Employees: N/A
  • Real Estate Included: No
  • Monthly Rent: On request
  • Real Estate Available: No
  • Building Size: 1500
  • Fulltime Employees: 4
  • Real Estate Value: N/A

Contact Business Broker

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Business Listed by Sunbelt of Denver
Contact
Brian Mueller
Listing ID
DENVECO001-47028
Office Phone (303) 209-7401

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Optometry Practice with $150K+ Earnings

Highlands Ranch, Colorado

This is a very well-known and branded franchise that has a national presence and great reputation in the optical market....

$670k Gross Revenue
$156k Cash Flow
Asking Price $175k
View Listing Save

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