+Turnkey Optometry Practice selling for $399,500 in Northern MN.

MN

+Turnkey Optometry Practice selling for $399,500 in Northern MN.
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Asking Price: Get Financing: $399,500

Cash Flow: $225,251

Gross Revenue: $598,735

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1985

+Turnkey Optometry Practice selling for $399,500 in Northern MN.

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Business Description

Sole Optometry practice in a picturesque 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.
• Well-equipped practice featuring a pre-test room, one exam room, and a spacious dispensary.
• Annual revenues over the past 3 years have averaged over $600k and Owner’s Cash Flow exceeded $200k. This Optometry practice is for sale at $399,500.
• 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.

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. (612) 843-0075. rkrivo@sunbeltmidwest.com

Detailed Information

Employees:
4
Financing:
Bank Financing for 100% of Purchase Price to Qualified OD Buyer
Reason for Selling:
Relocation
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Sunbelt Business Brokers and M&A Advisors

Business Listed By:
Sunbelt Business Brokers

Sunbelt Business Brokers

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