Texas Optometry Practice for Sale – Austin, TX

Texas Optometry Practice for Sale – Austin, TX

THIS PRACTICE HAS SOLD!

An incredible opportunity to buy a private optometry practice in one of the most desirable and fastest growing cities in America! This practice grossed over $1,000,000 in 2019 and has considerably more growth potential. As the owner and full-time operator of this practice, you will make over $285,000 in discretionary income annually, plus there is considerable growth opportunity with cost structure improvements and improved billing, coding, collections. In 2020 Austin was ranked one of the safest big cities in the US, 11th healthiest place to live in the US, 13th best city for work-life balance, 9th most educated metro area, #1 fastest growing city in the US since 2010, and 7th best place in the US to buy a house or invest in real estate…to name a few.

The office is spacious at 3,000 square feet, which is plenty for decades more of continued growth. The layout is comprised of 4 exam rooms (3 fully equipped), 2 separate pre-testing rooms, CL fitting and tech station, administrative room, break room, doctor/manager office, two restrooms, reception area, repair lab, and a very large optical dispensary at over 1,000 sq feet. The practice converted to EMR over 10 years ago with computers networked throughout the office. Notable assets include: Custom Showroom Displays, Zeiss Humphrey VF, Patternless Lens Edger, Optos, and more.

The practice employs loyal, experienced and skilled staff with all systems in place, making this a true turn-key opportunity. Just take over and continue seeing patients to earn more than 2.5 times the average OD salary in Texas and the US. With appointments booked out a month, thousands of records on file, and a community that is growing faster than any other in the US – this office is situated for consistent and continued growth long into the future.

This is a very well-priced turn-key private optometry practice purchase opportunity great for a first-time OD buyer or an existing practice owner seeking expansion opportunities. Enjoy professional autonomy, control of your schedule, and financial freedom as the new owner of this practice. Inquire soon as this is not expected to stay on the market very long.

The owner will assist in a smooth transition, which is included in the price.

For more information, including a comprehensive practice appraisal report, please complete our Buyer Registration Form and Confidentiality Agreement​.

 

Features

  • THIS PRACTICE HAS SOLD!
  • 2019 Gross Collections ~ $1,050,000
  • 2019 Owner Cash Flow ~ $285,000
  • OD Practice Price: $548,843 (includes all equipment, goodwill, tangible assets, and retail inventory).
  • PE Practice Price: $750,000+ (this price is for private equity groups)
  • 100% Bank Financing Available!

Reference#: #OD489458TX
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com