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Well Established Optometry Practice With Optical Retail For Sale

Stark County, Ohio
Asking Price:
$265,000 (USD) Inventory / Stock included
Sales Revenue:
$397,408 (USD)
Cash Flow:
$103,968 (USD)

Established optometry and retail optical practice with two locations. Has been family owned for over 70 years and second generation owner is ready to retire. Both practices provide complete eye care services and the most modern and progressive vision care. The seller is the sole optometrist on staff, but all staff are well trained. This a fantastic opportunity for another licensed optometrist looking to take over a very established practice with terrific cash flow.

Property Information

Real Estate:

Lease

Premises Details:

One location is owned by the seller and the other is rented. Both locations have 2 examination rooms, along with waiting room and reception area. 1,800 sq. ft and 850 sq. ft., respectively.

Business Operation

Competition / Market:

Competition is not an issue. This optometry practice is on most insurances and takes all Medicaid and Medicare programs.

Reasons for selling:

Retirement.

Trading hours:

M/Tues/F 9-5pm; Thurs 9-7pm; Sat 8-1pm

Employees:
4 FT / 1 PT
Years established:
72

Other Information

Support & training:

Will train for 8 weeks @ $0 cost.

Financing available:

Lender Pre-Screened with $238,500 Down.

Inventory / Stock value:
$50,000 (USD) - included in the asking price

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