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North Metro Optometry Practice And Optical For Sale. Over $600k In Revenue! Bank Financing Available For Sale

St. Paul-Minneapolis-Twin Cities, Minnesota, US
Asking Price:
$379,000 (USD) Inventory / Stock included
Sales Revenue:
$610,689 (USD)
Cash Flow:
$151,267 (USD)

This is great opportunity for an O.D. looking to own their first practice or for an existing practice to add new location in the North Metro area.

• The practice is located in a strip mall that has a robust and synergistic tenant mix.

• It is a very well-established, turn-key practice with great patient loyalty.

• The roughly 2,700 sq. ft. space features a welcoming reception area, 1,350 sq. ft. open concept dispensary, a contact lens room, and 2 exam rooms.

• In ---------, Revenues and Owner’s Cash Flow averaged $610k and $151k respectively. 2020 performance was down due to COVID.

• Asking price of $379k includes $40k of Inventory and all the Furniture, Fixtures, and Equipment.

• Bank financing available for 100% of the purchase price to a qualified O.D. buyer. For more information, contact Randy Krivo, Sunbelt Business Broker – Practice Sales Specialist. (612) --------.

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 Optometry practice sales specialist, to schedule a confidential and complimentary consultation.

Property Information

Premises Details:

N/A

Size in square feet:
2700 sq ft

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 4, Part Time: 1
Years established:
33

Other Information

Financing available:

Bank Financing for 100% of Purchase Price to Qualified Buyers

Inventory / Stock value:
$40,000 (USD) - included in the asking price

Contact Sunbelt of St. Paul / Minneapolis

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