Wisconsin Optometry Practice for Sale – SOLD!

Wisconsin Optometry Practice for Sale – SOLD!

THIS PRACTICE HAS BEEN SOLD! Here is your once-in-a-lifetime opportunity to make $500k per year as the owner operator of this amazing optometry practice located in a city that was recently ranked the No. 2 Most Livable City of its size in the US! Also ranked fifth Best Places for Millennials to Move, Lowest Poverty Rate in the Nation, top 10 City to Move To As A Single in Wisconsin, and top 20 Best Small Cities for Business. To top it off, you get gorgeous lakeside views with beaches in a Midwest state!

The eastern lakefront city is diverse with many quiet neighborhoods, quality schools, and a gorgeous downtown bustling with excellent restaurants many of which carry locally grown and organic food choices. The people here are extremely warm and inviting to newcomers leaving all with a true tight-knit community feeling. There’s also a ton of activities to enjoy in the area such as: biking, hiking, sailing, boating, fishing, kayaking, SUP, yoga, pilates and even freshwater surfing!

The practice owner also owns the real estate which is optional for purchase along with the practice at a very affordable price. The custom designed office is over 2,000 square feet comprised of 2 fully equipped exam lanes (with possibility for a third), a spacious optical and open concept reception, pretest room, dedicated CL fitting area, VF/Retinal Photography room, private doctor’s office, break room, repair lab, separate waiting room for dilated patients, OCT room (can convert to third exam lane).

The practice converted to EHR over 8 years ago with 16+ computers networked throughout the office. Notable equipment includes Cirrus OCT, Digital Refracting Systems, Humphrey Visual Field, and Retinal Camera.

The retiring OD owner operator is the only OD working at the practice on a very friendly 4 day per week schedule with weekends off! Where else can you make four times the national average salary for an OD with weekends off? This is why practice ownership is the only solution for independent ODs to rise out of school loan debt and truly advance in their careers. Enjoy complete autonomy over your schedule, patient treatment, and achieve the professional freedom you deserve!

Although the practice already does extremely well, an ambitious buyer could grow the practice exponentially with the schedule being booked out 3-4 weeks in advance.

This is a rare high gross, high net turn-key private practice opportunity in a market that is quickly shrinking to private equity groups. So take advantage as fewer and fewer opportunities like this are available as time goes on.

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

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 ~ $1,200,000
  • 2019 Owner Discretionary Cash Flow ~ $500,000
  • Practice Price: $999,000 (discounted from appraised value of $1,017,964, which applies only if buyer also buys the real estate at market value). Price includes all equipment, tangible assets, and retail inventory.
  • Real Estate Price: $239,000
  • 100% Bank Financing Available!

Reference#: #OD489436WI
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com