THIS PRACTICE HAS SOLD!
Live, work and play in one of the most beautiful areas of Utah and the United States. This high-net private optometry practice for sale in Utah generated $830,000 in gross collections in 2019 and $850,000 in 2020 amidst Covid. If 2020 is normalized, as if the Covid closures or restrictions never occurred, this practice would have generated over $900,000 in 2020. Revenues have been steadily growing year over year. Based on the normalized 2020 financials, you will make over $420,000 in income annually as the owner of this practice! All this with one owner-operator optometrist working only a four-day work week with three-consecutive-day weekends! When an opportunity like this is available, one that will be fully financed, why in the world would any OD continue to work more days and hours per week only to make 1/5th the income as an employed optometrist in Utah?
The community has tons of recreational opportunities and has been ranked one of the best places for Young Professionals in Utah by Niche.com with a relatively low unemployment rate and recent job and population growth. You’re also well insulated from new competition in this area. The state of Utah has been ranked the 3rd best US state to live by US News and #1 Economy in the US, #5 in Infrastructure, and #5 in Fiscal Stability, by US News and World Report….to name a few accolades.
The office is about 2,000 square feet and was substantially remodeled very recently. The layout is comprised of 3 fully equipped exam lanes, pre-test room, CL fitting area, repair and edging lab, CL storage area, separate employee and patient bathrooms, private office, and open concept optical showroom, dispensary, front office and waiting area. The practice converted to EMR about 10 years ago with computers networked throughout the office on an independent server. Notable equipment includes: OCT, Humphrey VF, Retinal Camera, Edger and more. All equipment is relatively young compared to most practices on the market.
This is a turn-key opportunity with all systems in place. Just take over and continue seeing patients to earn five-times the average OD salary in Utah. With appointments booked out 2 months and thousands of records on file, this office has excellent opportunities for continued and future growth.
This is an affordable optometry practice purchase opportunity great for a first-time OD buyer or an existing practice owner seeking expansion opportunities. Enjoy professional autonomy, control of your schedule, and financial freedom as the new owner of this practice. Inquire now, before this opportunity goes under offer!
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​.
