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Northern MN Optometry Practice 200k In Cash Flow For Sale

St. Paul-Minneapolis , Minnesota
Asking Price:
$199,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$342,849 (USD)
Cash Flow:
Available on request

Great opportunity for an O.D. to practice in a Northern Minnesota location where the quality of life is high and cost of living is low.

• The practice has averaged annual owner’s cash flow of $200k in each of the past 4 years with the owner/O.D. working no more than 4 days a week.

• Practice’s main location has a well-stocked dispensary and provides eye care services, is well equipped and has an exam room.

• Satellite facility 35 miles away providing eye care services only. This facility building is being offered separately for sale at $80,000.

• The owner/O.D. established this practice in 1975 treating nearly 2,000 patients in the past year.

• With virtually no local competition, this practice enjoys a steady patient base which reflects a stable stream of revenue and income reflecting above industry average financial performance.

• This is a turnkey practice in every sense of the word.

• Bank financing available for 100% of the $199k purchase price to a qualified buyer.

For more information, contact Randy Krivo, Sunbelt Business Broker – Practice Sales Specialist. (612) --------. ------@--------------.---.

If you are looking to buy an Optometry practice, sell an Optometry practice, or would like an Optometry practice valuation, contact Randy Krivo, Minnesota and Western Wisconsin’s Optometry practice sales specialist, to schedule a confidential and complimentary consultation.

Property information

Premises Details:

N/A

Size in square feet:
1200 sq ft

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 2, Part Time: 2
Years established:
44

Other Information

Financing available:

Bank Financing for 100% of Purchase Price to Qualified Buyers

Furniture / Fixtures value:
$28,683 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price

Contact Information

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