Texas Optometry Practice for Sale – Waco, TX – SOLD!

Texas Optometry Practice for Sale – Waco, TX – SOLD!

THIS PRACTICE HAS BEEN SOLD! Phenomenal high gross/high net private optometry practice for sale in Texas grossing around $1.1M with over $350,000 in owner discretionary net income, located in McLennan County, TX. The numbers are great, but so is the area being ranked Top 20 Places to Live in the US and top 10 City to Live in Texas by Money Magazine! The rapidly growing city/town is safe, quiet, and friendly, where residents enjoy affordable homes, low city taxes, positive community spirit, and superior educational opportunities. It’s also conveniently located between Austin, Dallas and Houston with access to interstate 35. Niche.com gives the town a coveted A rating. Additionally, the town has a livability score of 87, by Areavibes, which is in the top 2% of all neighborhoods in the country!

The beautiful custom designed office, recently remodeled, is approximately 3,000 square feet and comprised of two fully equipped exam lanes, a spacious optical and open concept reception, 2nd waiting room, pretest room, dedicated CL fitting area, 2 OD offices, storage, public and private bathrooms, and finishing lab.

The practice has an EMR system installed with 10 computers networked and strategically located throughout the office. Notable newer assets include an OCT, Acuity Chart, Exam Chair & Stand, Auto-phoropter, Visual Fields, and an Edger.

The retiring OD owner operator is the only OD working at the practice on a 5-day per week schedule with weekends off! Where else can you make three times the average OD salary with weekends off? This is why practice ownership is the only and best solution for independent ODs to rise out of school loan debt and truly advance in their careers. Enjoy complete autonomy over your schedule and clinical approach and achieve the professional and financial freedom you deserve!

Although the practice already does very well, an ambitious buyer could grow the practice considerably by taking advantage of the fact that 100% of appointments are booked in advance for weeks!

This is a rare high gross, high net turn-key private practice opportunity in a market quickly declining in inventory thanks to aggressive private equity acquisitions. So take advantage while this opportunity lasts!

The real estate is also owned by the practice owner and is optionally available for purchase at a discounted price!

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

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

 

Features

  • THIS PRACTICE HAS BEEN SOLD!
  • 2019 Gross Sales ~ $1,1000,000
  • 2019 Discretionary Owner Net Income ~ $355,000
  • Practice Price: ND (includes all equipment, tangible assets, and retail inventory)
  • Real Estate Price: ND (discounted from appraised value of $334,609. Discount applies only if Practice and Real Estate purchased together)
  • 100% Bank Financing Available for Practice and Real Estate

Reference#: #OD489443TX
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com