This established practice is located in Western WI, approximately 30 minutes away from the Twin Cities eastern metro area. It was founded nearly 50 years ago and is situated in a 1,698 square foot, stand-alone building on a highly trafficked thoroughfare. The well-equipped facility features a warm and inviting reception area & dispensary, 2-1/2 exam rooms, a pretesting room, and a CL room. While the practice maintains a stable and loyal patient based, it has recently experienced a healthy increase in the number of new patients. The owner/OD currently works 3-1/2 to 4 days per week. The nearest optometric practice competitor is nearly 20 miles away! Owner’s cash flow in 2015 was over $131k and revenues exceeded $438k. 2016 Cash flow and revenues are both up over 2015. The practice is offered for sale at $295,000 and includes $26k of inventory along with all furniture, fixtures, equipment, and supplies. The building and land is available separately for $595,000 (the owner recently had the real estate professionally valued at a much higher price). Or, the owner will consider leasing the space to the new owner at a fair market rate. Bank financing is available for 100% of the Practice purchase price to a qualified OD/buyer (buyer will have to arrange separate financing for the building). This is a great opportunity for an Optometrist looking to establish his/her own practice or an existing Optometry practice looking to add another location.

Posted Sep 29, 2016

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