Lower NW Michigan Optometry Practice for Sale – SOLD!

Lower NW Michigan Optometry Practice for Sale – SOLD!

THIS PRACTICE HAS BEEN SOLD!

A highly successful private optometry practice for sale in Michigan. Located in one of the highest rated communities to live in the US with a coveted A rating from Niche.com and various other accolades from notable resources. This is a second-generation mainstay practice with an outstanding reputation that has been serving the surrounding communities for over 90 years! Perhaps one of the most impressive and rare aspects of this practice, among many others, is the unique opportunity for growth. Appointments are fully booked a year in advance, which is unheard of!! You could easily see more patients per hour or add a full-time associate immediately and increase production and owner income exponentially.

The office is about 1,700 square feet of customized optometric office space with the opportunity to grow into the space next door if needed. The real estate is also available for sale. The layout is comprised of 2 fully equipped exam rooms, spacious optical with dispensary and CL fitting area, private office, repair lab, reception area, and restroom. The practice has 7 computers networked throughout the office. Notable equipment includes: Clarus UWF, HFA 840, ORA Tonometer, FDT, and Haag-Streit, to name a few.

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 double the average OD salary as-is or take advantage of the unique growth opportunity with 100% of patients booked out a year in advance!

The owner OD generates over $830,000 in revenue and $240,000 in discretionary income working only 4.5 days per week with 2.5 consecutive days off! With the incredible patient demand and appointments booked a year out, these numbers could easily be doubled. This optometry practice is poised for continued growth, regardless of whether you choose to keep running the practice as usual, or convert the patient demand into more appointments per hour/day/year.

This is an affordable turn-key private optometry practice purchase opportunity great for a first-time OD buyer or 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, before this opportunity goes under offer!

The owner will assist in a smooth transition, which is included in the practice sale price. The real estate is also available for purchase.

Comprehensive practice appraisal available upon request and signed confidential agreement.

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

 

Features

  • THIS PRACTICE HAS BEEN SOLD!
  • 2019 Gross Sales ~ $830,000
  • 2019 Discretionary Owner Net Income ~ $240,000
  • Practice Price: ND (includes all equipment, tangible assets, and retail inventory)
  • Real Estate Price: ND (appraised at $494,000; discounted price only applies if purchase simultaneously with the practice)
  • 100% Bank Financing Available

Reference#: #OD489448MI
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com