THIS PRACTICE HAS SOLD!
Here’s your chance to buy an optometry practice in Utah that is affordable and located in one of the most gorgeous places to live on earth! This long-standing private optometry practice is for sale in southern Utah, which has everything you need to excel as an independent practitioner for decades to come. Gross revenues average around $600,000 with extremely high net profit margins at almost $300,000 in 2022…just one of the benefits of living in a beautiful low cost of living area. Significant growth opportunities exist, especially considering the current owner does not work full-time. Or you can keep the practice as-is, enjoy three-days off per week including weekends, all while earning almost triple the average younger OD salary in Utah! It’s rare to find such a strong high-net practice without the need to work weekends. Talk about a healthy work-life balance in a place where there’s no shortage of activities for the “life” part of that equation!
The city where this practice is located is stunning with tons of admirable accolades, including recently being recognized as a top 30 Emerging Metropolitan Area; one of, if not the best, places to retire in Utah (which means excellent patient demographics for you); high public school rankings in Utah; one of the fastest-growing cities in Utah with a strong, diverse economy, high job growth rate, and low unemployment rate; extremely affordable cost of living; high quality of life; low crime rate; endless outdoor recreation opportunities; very family-oriented and tight-nit communities…just to name a few.
The office is neatly organized with an inviting layout custom designed for efficient operations and smooth patient flow. The office space occupies a spacious 3,000 square feet, which includes three fully-equipped exam lanes; spacious open-concept optical show room with custom displays combined with the front desk and waiting area; pre-testing room; multiple special testing rooms; two private offices; break room; repair lab, and restroom. The office converted to EMR over 10 years ago with more than 10 computers networked throughout. This practice has an incredible inventory list of medical equipment, most of which is relatively young compared to practices on the market today. Some notable pieces of equipment include OCT, Diopsys, Digital Phoropters, Visual Fields, Retinal Camera, and more!
The practice is centrally located on one of the busiest thoroughfares in the city. The staff are all well-trained and loyal to the practice with a very strong employee ethic and culture. All systems are in place, making this a true “turn-key” opportunity. Just take over seeing patients 4 or more days per week and earn $300,000 or more annually. With appointments booked out, over 10,000 records on file, growth and cost-cutting opportunities, and a robust local economy with growing/aging population…there is no doubt this practice will continue to thrive for decades to come.
This is a once-in-a-lifetime opportunity to buy a successful turn-key optometry practice in Utah, which is suitable 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, before someone else jumps on this rare opportunity!
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.
