1146 - Independent Optical Practice

Rock County, WI

1146 - Independent Optical Practice

Asking Price:$175,000

Cash Flow:$83,544

Gross Revenue:$256,662

EBITDA:N/A

FF&E:$100,000

Inventory:$44,000*

Real Estate:$469,000*

Established:1982

*not included in asking price.

1146 - Independent Optical Practice

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Business Description

This Optical Practice has been offering great customer experiences since 1982, without the owner practicing as an optometrist. With two experienced staff members and an outside doctor, the owner works half time and is able to leave without trouble. For a licensed doctor there is tremendous growth opportunity as a practitioner-owner.

The operations are very modern and offer a wonderful professional setting. The ability to own the property makes for additional income potential although the owner is also willing to entertain renting the property to a buyer of the business at a fair market rate.

HIGHLIGHTS

• No licenses required!
• Long established business with absentee owner potential!
• 3 Year Average owner income of over $80,000
• Additional income potential for a licensed optometrist
• Great location with signage on a busy road.
• Great market expansion potential!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
2,900
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
The Owner is currently not working/not able to work with a number of insurance carriers including VSP. This means major market potential for a new acquirer.
Reason for Selling:
Retirement

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Sean Scannell

Business Listed By:
Sean Scannell

Lakes Business Group, Inc

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