Southern NM – Optometry Practice for Sale, New Mexico – SOLD!

Southern NM – Optometry Practice for Sale, New Mexico – SOLD!

THIS PRACTICE HAS SOLD! Enjoy 300 days of sunshine as the new owner of this high gross, high net private optometry practice for sale in the southern New Mexico. The community has top 20% public schools, low crime, low cost of living, thriving economy, and rated one of the best places to live in New Mexico. With one owner OD servicing a giant population of patients with very few competitors, the practice generates over $1M in revenue with owner discretionary net income over $400k!

The practice is located downtown in a spacious 6,000 square foot retail/commercial office with store frontage on the ground floor.  The real estate, which was recently remodeled in 2013, is available to purchase at a very inexpensive price enabling you to secure your long-term future. The office is comprised of 3 fully equipped exam rooms, a huge 1,750 sq ft optical, 2 auxiliary testing rooms, bookkeeping office, contact lens fitting room, 2 bathrooms, storage rooms, reception area.

The retiring owner converted to EHR in 2012 with 12 computers networked throughout the office. The practice is outfitted with state-of-the-art equipment including, Zeiss Cirrus OCT, Humphrey Visual Field, and Optos Daytona.

The community demographics are ideal for an eye care practitioner. With near 100% appts booked over a month in advance, and very little competition in the county, there is plenty of room for growth if desired. Picture yourself looking out your window at the mountains, blue sunny skies, enjoying earning almost 4 times the average employed OD in the US! All this working only 5 consecutive days per week with weekends off and 3 weeks vacation. On your days off, go enjoy the national parks and all the mountains have to offer, including hiking, skiing, mountain biking, and more!

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 SOLD!
  • 2018 Gross Sales: $1,014,084
  • 2018 Owner Cash Flow: $418,221
  • Practice Price: $799,000* (includes $378,652 in assets and retail inventory); 100% Bank Financing Available!
  • Optional Real Estate Price: $285,000*; 100% Bank Financing Available!
  • *Practice appraises at $811,578 and Real Estate at $300,000. Discounted prices above relative to combined purchase of practice and real estate.

Reference#: #OD489418NM
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com