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Northern Mn Optometry Practice And Optical For Sale. $173k In Owners Cash Flow. Bank Financing For Sale

St. Paul-Minneapolis-Twin Cities, Minnesota, US
Asking Price:
$385,000 (USD) Inventory / Stock included
Sales Revenue:
$474,431 (USD)
Cash Flow:
$173,627 (USD)

Great opportunity for an O.D. looking to own their first practice.

• This turnkey practice has been in business for nearly 30 years.

• Attractive, stand-alone facility occupied by solo practitioner with thousands of patient records on file. Facility includes a dispensary, 2 exam rooms, pretesting room, contact lens room and lab.

• The practice offers a full range of eye health services to clients of all ages, from children to older adults, including routine eye exams and vision tests, eye disease diagnosis and management, preventative vision care as well as contact lens evaluations and the dispensing and retail sale of eyeglass frames, specialty lenses, contact lenses and accessories.

• Highly regarded practice with great patient satisfaction.

• Over the past 4 years, revenues and owner’s cash flow has averaged $469k and $172k respectively.

• $25k of Inventory and all the existing Furniture, Fixtures, and Equipment are all included in the $385k sale price.

• The stand-alone building is available for sale at a separate price of only $228,000...great opportunity to never have to pay rent again!

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

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:
1584 sq ft

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 3

Other Information

Financing available:

Bank Financing for 100% of Purchase Price to Qualified Buyers

Inventory / Stock value:
$25,000 (USD) - included in the asking price

Contact Sunbelt of St. Paul / Minneapolis

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