Eye Health Center and Optometric Practice
Asking Price: | $449,995 |
Gross Revenue: | $580,049 |
Rent: | $1,750/Month |
Established Year: | 1935 |
Cash Flow: | $193,227 |
Inventory: | $20,000 |
FF&E: | $67,000 |
Long Time Practice with Strong Customer Base!
Eye Health Center and Optometric Practice
This business is a full-service medical and family eye health center and optometric practice that handles routine eye care tests and services as well as medically based optometric conditions such as ocular disease, glaucoma, and diabetes. The practice has a well-earned reputation in the market for personalized, high-quality eye care services and maintains a strong and loyal patient base. Revenue is generated from over five product and service lines and is well diversified in terms of private, Medicare, and medical and vision insurance payors.
The company’s established operations, positive employee culture, and commitment to patient care and education have resulted in strong business performance over the last decades. The business has maintained steady growth in both revenue and patients and has weathered multiple economic downturns. Many of the center’s 7,500-plus strong customer base has been with the business since the current owner took over and come from the surrounding areas as well as state-wide and out-of-state. The center is glaucoma certified with repeat customers and additional specialized services such as specialty contact lenses.
The practice is well-placed to continue to grow in its local and surrounding areas and has immediate expansion options available in the form of both hiring additional doctors and expanding work hours, workdays, and the number of procedures handled. The business has established a strong foundation over its history to be a preferred eye care provider and has room to expand as it continues to successfully attract patients from a wide geographic market while sustaining its legacy of excellent patient care.