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Southeast Minnesota Optometry and Optical Practice for Sale. $1.7 Million in Revenue and $400k Cash Flow. Bank financing with No Money Down.

Well established, Nationally Branded Optometry and Optical practice in Southeast Minnesota.

• Gorgeous, turnkey and fully updated facility featuring two exam rooms and a spacious dispensary.
• Beautiful dispensary featuring $80k of fashionable eyewear included in the sale price.
• Practice sees over 4,200 patients per year.
• EHR system in place as well as POS software.
• Sales in 2019 approached $1.7 Million and Owner’s Cash Flow was nearly $400k. Buyer will have over $250k of Owner’s Cash Flow AFTER loan payments!
• Asking price of $1.2 Million includes inventory, furniture, fixtures and equipment.
• Bank financing will be available for 100% of the purchase price to a qualified O.D. buyer.

• This is a tremendous opportunity for an O.D. to own their own practice while earning for more than can as an employee...what a great way pay off any remaining student loan debt!

For more information, contact Randy Krivo, Sunbelt Business. (612) 843-0075. rkrivo@sunbeltmidwest.com. If you are looking to buy/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:
3-2206
Industry:
Medical/Optometry/Dental/Veterinary
Location:
Minnesota
Revenue:
$1,690,728
Business Price:
$1,200,000
SDE (Cash Flow):
$396,576
Listing Agent:
Randy Krivo
Inventory included in sale:
Yes
Inventory Value:
$80,000
Years in Business:
10+ years
Is this a franchise:
Yes
Employees (Full-Time):
8
Employees (Part-Time):
1
Reason for selling:
Retirement
SBA Financing Available:
Yes
Earnest money depositLimit for deposit is $50,000

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