Well-Established Ophthalmology Practice
Kalamazoo County, MI
| Asking Price: | $1,400,000 |
| Gross Revenue: | $1,574,000 |
| Cash Flow: | $496,000 |
| Rent: | $10,000/Month |
Listing ID: 2295955Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established, well managed eye care practice operating for 20+ years with 10,000 active patients.
This practice serves area communities with a personalized approach and has great reviews as a result.
Many growth opportunities are available to a new owner since this practice is capable of expanding with satellite offices in neighboring communities.
Also, most patients come from word-of-mouth and referrals so marketing this practice will help grow it even more.
PLEASE NOTE: Only buyers with an Ophthalmology license will be considered.
10 devoted employees will stay on and the real estate is leased. – Seller will stay for a reasonable transition period as well.
DETAILED INFORMATION
Location
Kalamazoo County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,000
Employees
10
Facilities
Very nicely updated 7,000 s.f. building which is well kept and leased for $10k/mo.
Competition
No competition for miles around since they offer a niche medical service (compared to primary medical care).
Growth & Expansion
This practice will be easy to expand if the new owner opens satellite offices in other Michigan communities.
Support & Training
The seller will stay on for a reasonable amount of time to ensure a smooth transition.
Reason for Selling
Owner is retiring.
Report an Issue with this listing
