*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.
- 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