Turnkey Optometry Practice in Northern MN. Over $600k in Revenue


Turnkey Optometry Practice in Northern MN. Over $600k in Revenue

Asking Price:$450,000

Cash Flow:$201,192

Gross Revenue:$626,432





Turnkey Optometry Practice in Northern MN. Over $600k in Revenue

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Business Description

This practice is the sole Optometry practice in a lovely Northern MN town. The owner/OD has been providing comprehensive eye exams as well as diagnosing and treating various eye diseases for nearly 20 years. The practice carries a wide assortment of stylish, well-known brands of frames and sunglasses and has established a very loyal patient base.
The practice is well-equipped and features a pre-test room, one exam room, and a spacious dispensary.
Annual revenues and cash flow have increased in each of the past 3 years. Revenues now exceed $600k and Owner’s Cash Flow exceeds $200k. This Optometry practice is for sale at $450,000.
Bank financing will be available for 100% of the purchase price to a qualified OD buyer (even if you are an OD only a few years out of school and still have student loan debt, you very well may qualify for bank financing). This is a great opportunity for an associate OD to own their first practice or an existing OD/owner to add an additional location. For more information, contact Randy Krivo, Sunbelt Business Brokers. (612) 843-0075. rkrivo@sunbeltmidwest.com
If you are looking to buy an Optometry practice, sell an Optometry practice, or would like an Optometry practice valuation, contact Randy Krivo, Minnesota and Western Wisconsin’s predominant Optometry practice sales specialist, to schedule a confidential and complimentary consultation.

Detailed Information

2,000 sq ft
Reason for Selling:

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