*SOLD* Western MN Optometry Practice and Optical For Sale.

Great opportunity for an O.D. looking to own their first practice or an existing practice owner considering adding another location.

• The practice has been around for over 20 years and has averaged annual owner’s cash flow of $357k in the past 3 years.
• 1,000 sq. ft. space in a prime location featuring 1 exam lane, a pretest room, CL room, and a spacious dispensary offering a unique assortment eyewear frames, many of which are exclusive to this practice.
• Located in vibrant and growing community
• Great patient satisfaction and loyalty translates to a big percentage of their business coming from word of mouth and referrals.
• 2018 Revenues and Owner’s Cash Flow were $970K and $349k respectively.
• $55k of Inventory and all the Furniture, Fixtures, and Equipment is included in the sale.
• Bank financing available for 100% of the $725k purchase price to a qualified O.D. buyer. For more information, contact Randy Krivo, Sunbelt Business Broker – Practice Sales Specialist. (612) 843-0075.

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.


Listing ID:
Sold 3-1867
Industry:
Medical/Optometry/Dental/Veterinary
Location:
Minnesota
Revenue:
$970,498
Business Price:
$725,000
SDE (Cash Flow):
$348,523
Listing Agent:
Randy Krivo
Inventory included in sale:
Yes
Inventory Value:
$55,000
Years in Business:
20+ years
Is this a franchise:
No
Employees (Full-Time):
3
Employees (Part-Time):
2
Reason for selling:
Retirement
SBA Financing Available:
Yes

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