Optometry Practice Listed by SUNBELT BUSINESS ADVISORS
| Asking Price: | $2,400,000 |
| Gross Revenue: | $1,316,000 |
| Rent: | $4,884/Month |
| FF&E: | $80,000 |
| Cash Flow: | $845,000 |
| Inventory: | $15,000 |
| EBITDA: | $700,000 |
| Established Year: | 2002 |
Doctor will stay and revenue generated from patient visits
This practice and its unique services have been featured on prime time news of several popular TV channels. Since 2000, this Neuro-Developmental Optometrist has specialized in Developmental Optometry, diagnosing and treating vision problems that interfere with reading, learning, sports, and job performance. Their work helps patients of all ages improve their visual functioning and quality of life. This includes treating Binocular Vision Disorders such as Convergence Insufficiency, Amblyopia, and Strabismus. They also provide visual rehabilitation for patients recovering from concussions, strokes, and traumatic brain injuries. The practice's gross profit is extremely high, with almost all revenue generated from the fee-for-service model they provide. The dedicated team consists of 10 staff members, mainly vision therapists, who have been with the practice for over 10 years. The work is incredibly rewarding and serves as a valuable resource to the community, with patients coming from as far as Pennsylvania, Frederick, the Eastern Shore, Bel Air, and Washington, D.C., for their services. They accept Aetna and BCBS major medical plans, and approximately 20% of their 120 active vision therapy patients are self-pay. The practice averages about 640 vision patient visits per month.Doctor works only 4 days per week.The main driver of income is VT sessions. in 2023 they had a bout 7700 sessions with average of $150 per session.
