Private Optometry Practice - Chino

Chino, CA (San Bernardino County)

Private Optometry Practice - Chino
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Asking Price: Get Financing: $478,500

Cash Flow: $199,185

Gross Revenue: $661,549

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $1.75 /Month

Established: 1991

Private Optometry Practice - Chino

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Business Description

Solo/single optometry practice for sale in Chino, California. 1,400 sq. ft. office with two exam rooms. Exam rooms are equipped with computers and large screen monitors for review of Optos OCT and Eyemaginations. Cooper Vision Biofinity Bifocal & toric fitting sets. Full scope of practice includes examinations from pediatrics to geriatrics, dry eye, ocular disease and computer vision. 15,073 patient records on hand with an average patient revenue of $543.76. Excellent condition fashion optical displays containing over 900 fashion frames. Technology and equipment in great condition including; Optos Daytona Retinal Camera, Medtronic Tonopen, Optovue OCT and Nidex LM 1200 Lensometer. EMR/EHR certified using Crystal PM software. Well trained staff of three. Complete Sale/Buy Out with assist from seller with transitioning. Residing in San Bernardino County, Chino has a population of over 80,0000 residents. Chino is a fast-growing area with significant new home growth within 10-15 minutes of the practice. 45 minutes to the beach, mountains and desert. Named one of the “Top 100 Best Communities for Youth”, Chino has attractions including the Chino Community Theatre and a weekly Farmer’s Market to entertain your family!

Detailed Information

Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
9/1/2020
Employees:
3
Facilities:
Excellent location, very attractive medical building. Lease is for an approximate 1,400 square foot. Current base rent is $2,450 per month. The termination date is September 1, 2020
Support & Training:
Seller will provide training for four weeks at 20 hours per week at no additional cost to the prospective buyer.
Reason for Selling:
Retirement
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Ric Hepburn, CBI, CBB

Business Listed By:
Ric Hepburn

CitiusMA

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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