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Established Optometry Practice Desirable New York City Location For Sale

Riverdale, New York
Asking Price:
$100,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$241,000 (USD)
Cash Flow:
Available on request

Optometry practice established since the 1950s for sale. Current owner for almost 34 years is planning on retiring. By providing individualized professional service the practice has built a great reputation.
Building on a base of over 2,000 current files, an optometrist/optician can easily expand the practice.
Presently the practice is grossing over $240,000 with the optometrist/owner working only 3 weekdays. The practice provides general optometric care, including contact lenses and dispensing of eye glasses. Most major vision plans and unions are accepted. The office is located in a great community, Riverdale, New York City. It is a store-front office in a shopping area with a bus stop directly in front. Affordably priced and reasonable rent would make this an outstanding opportunity for an optometrist/optician. Owner would be willing to assist in transition.

Property information

Real Estate:

Lease

Lease Terms:

Owner of property easy to work with. Has offered long-term leases in the past (e.g., 5 year lease with option for 5-year renewal).

Location:

Busy shopping area in Riverdale, New York City

Premises Details:

Store front

Business Operation

Expansion Potential:

1) Increasing optometrist's hours by offering weekend availability to patients
2) Providing additional medical services
3) Marketing and use of social media

Reasons for selling:

Retirement

Trading hours:

Monday-Friday

Employees:
3 part-time employees
Years established:
Established in 1950s. Present Optometrist owner since 1985.

Other Information

Support & training:

Owner willing to stay on to help in transition.

Inventory / Stock value:
$15,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

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