THIS PRACTICE HAS SOLD!!
A wonderful opportunity to buy a high-net private optometry practice for sale in the greater Milwaukee, Wisconsin area located in one of the best communities to raise a family. You have the opportunity to buy the real estate along with the practice as well.
This practice generated about $730,000 in gross collections in 2019 and also 2020 despite Covid-19. If 2020 is normalized as if the Covid closures or restrictions never occurred, this practice would have generated over $750,000 in 2020 collections. Revenues have been steadily growing year over year. Based on the normalized 2020 financials, you will make over $375,000 in income annually as the owner of this practice! That’s more than 3 times the average OD annual wage for employed ODs in Wisconsin! All this is achieved on a five consecutive day work week with weekends off!
The community has highly ranked schools, excellent affordability index, low crime rate, and high livabilty score by Areavibes.com. Â With a large lake, vibrant parks, a wide array of visual and performing arts, numerous festivals, and plentiful healthcare options, this growing city provides a quality of life that is hard to match. The area has consistently been recognized as one of the best places to raise a family. For example, the city was recently recognized as one of the Top 20 Safest Cities to Raise a Child in the United States.
The office is about 2,000 square feet and was remodeled relatively recently. The layout is comprised of 2 fully equipped exam lanes; pre-test room; CL training and fitting room; VF room; repair, edging, and finishing lab; CL storage area; private doctor’s office; separate employee and patient bathrooms; break room; tons of basement storage; and spacious open-concept optical showroom, dispensary, front office and waiting area. The practice converted to EMR over 7 years ago with computers networked throughout the office. Notable equipment includes: Digital exam lanes, newer Edger, newer chair and stand, Humphrey VF, and more.
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 three-times the average OD annual salary in Wisconsin. With appointments booked out weeks and thousands of records on file, this office has excellent opportunities for continued and future growth.
This is an affordable optometry practice purchase opportunity in Wisconsin, 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​.
