Indiana Optometry Practice for Sale – Indianapolis, IN

Indiana Optometry Practice for Sale – Indianapolis, IN

THIS PRACTICE HAS SOLD!

Wow….take a look at this stunning optometry practice for sale in Indianapolis, Indiana. You won’t find too many practices on the market in such great turn-key condition. Gross revenues exceed $1.1 Million generating a full-time owner operator OD $315,000. Just takeover treating the full load of patients and triple your current annual salary! What’s more….there is substantial opportunity to grow sales by adding OD hours and also to improve the margins by reorganizing the cost structure, which we’re happy to explain upon request.

Indianapolis has a projected overall economic growth rate of 3% with a job growth rate of 37.5% expected over the next ten years, both of which are stronger than many other cities in the US. Indianapolis also has a lower unemployment rate than the US average and is consistently ranked in the top 50 places to live and work in America. Combine these characteristics with a very low cost of living and a city full of entertainment, cuisine options, family and recreational activities…and you’ve got a recipe for balance, happiness and success. Case in point, after meeting the owner, you’ll quickly see how this practice and the community have provided the owner financial security and a fruitful lifestyle that many can only dream of!

The office is impeccable with a recent remodel and modern design. The footprint is very spacious with over 4,000 square feet comprised of 4 fully equipped exam lanes; humongous optical show room, pre-testing room; specialty testing room, optical lab, two bathrooms, two private offices, a break room, storage and more. The office converted to EMR over 5 years ago with 15+ cloud connected computers throughout the office. Notable assets include: Optos, OCT, Visual Fields, custom display cabinetry, and more. The array of equipment is relatively young compared to most practices for sale by retiring ODs.

The practice is located on the main thoroughfare in town employing loyal, experienced and skilled staff with all systems in place. Just take over and continue seeing patients to earn three-times the average OD annual salary in Indiana. This practice epitomizes the term “turn-key” opportunity. With appointments booked out weeks and about 20,000 records on file, rest assured this practice will continue to thrive for decades to come.

Take advantage of the opportunity to buy a very successful optometry practice in Indiana. This is a great opportunity for a first-time OD buyer, an existing practice owner seeking expansion opportunities, an institutional buyer, or a private equity group. Enjoy professional autonomy, control of your schedule, and financial freedom as the new owner of this practice. Inquire now as this one isn’t expected to last long!

The real estate is available for purchase at the buyer’s option.

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!
  • 2021 Gross Collections > $1,100,000
  • 2021 Full-time Owner Cash Flow > $315,000
  • OD Practice Price: $804,104 (includes all equipment, goodwill, tangible assets, and retail inventory).
  • PE Practice Price Range: $800k – $1M (this price is for private equity groups only)
  • Real Estate Price: TBD 
  • 100% Bank Financing Available!

Reference#: #OD489472IN
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com