Colorado Optometry Practice for Sale – SOLD!

Colorado Optometry Practice for Sale – SOLD!

THIS PRACTICE HAS BEEN SOLD! Incredible turn-key high gross, high net optometry practice for sale in a gorgeous southern Colorado location rated as one of the best places to live by Niche.com. This practice has it all – excellent long-standing reputation, EMR converted, newly built-out facility, long-term real estate security, loyal patients with over 40,000 patient records on file, and superb historic cash flows that have consistently grown year-over-year.

Gross revenues are over $2.4M! The incoming buyer could generate $660,000 per year in income working full-time. All this with the practice being closed on weekends and growth opportunities abound! There are very few, if any, opportunities like this on the market that haven’t been gobbled up by private equity…so take advantage while this extremely rare opportunity is available.

The practice is located in an excellent community to raise children with highly ranked public schools, very low unemployment rate, future job growth rate above 40% over next ten years, dreamy 4 season climate with over 265 sunny days per year, and infinite amount of outdoor family activities.

The office operates in a one-of-a-kind building with custom built optometric facility that is owned by the practice owner, which is also available for purchase or lease. Patients enjoy a spacious office over 4,000 sq feet that was recently remodeled. The layout includes a huge 1,000 sq ft. optical with open concept to reception area, an optical finishing lab, 7 fully equipped exam lanes, business office, ophthalmic tech stations, multiple doctor’s offices, pre-testing room, VF room, OCT room, 2 rest rooms, optical office, 2 storage rooms, and a kitchen/lounge.

The practice converted to EMR over 15 years ago! With over 20 brand new computers networked throughout the office updated to the most recent Windows software, you’re wired for the future. The practice is outfitted with modern equipment, including automated refraction systems in each lane, with Optos, OCT and other noteworthy equipment all of which were purchased quite recently.

Enjoy taking over a well-oiled practice that runs itself and has achieved paramount success with the perfect balance of optometry and optical retail. If you’re ready to earn more than five times the average employed OD in Colorado, then inquire soon before this practice goes under offer!

The retiring 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 email this signed Confidentiality Agreement to erikf@visionarypracticegroup.com​.

 

Features

  • THIS PRACTICE HAS BEEN SOLD!
  • 2018 Gross Sales ~ $2,400,000
  • 2018 Discretionary Cash Flow ~ $660,0000
  • Practice Price: $1,998,110; 100% Bank Financing Available! (includes $685,000 in equipment, assets and retail inventory)
  • Real Estate Price: TBD; 100% Bank Financing Available!

Reference#: #OD489421CO
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com