Optometry Practice and Professional Eye Care Business-Under Contract

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Asking Price:
$986,000

Gross Revenue:
$1,200,000
Cash Flow:
$500,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

***UNDER CONTRACT***Here’s your chance to own a well-established optometry practice and professional eye care business in Shreveport. The owner is looking to transition a new optometrist into the business to take over their excellent clientele. 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.

• The practice has averaged an annual owner’s cash flow of $500,000 in each of the past 3 years
• The practice has a well-stocked dispensary and provides eye care services, is well equipped and has an exam room.
• The owner/O.D. treats nearly 6,000 patients a 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 and seller financing available to a qualified buyer.

All details on this opportunity will be provided with a signed Non-Disclosure Agreement & Buyer Qualification Profile. Training and transition will be provided by the seller. Call or email today for more information, contact Chris Sater at 318-525-7349 or email chris@sunbeltbuysell.com

Agent is sponsored through Sunbelt Business Brokers of Shreveport, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contact agent directly for more information.
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About the Business

Location:
Caddo Parish, Louisiana
Website:
sunbeltbuysell.com/buy
Market Outlook/
Competition:
Low Competition
Turn-Key Business
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About the Sale

Reason For Selling:
Retirement

Listing Info

ID:
1506007
Ad Detail Views:
653

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Business Listed by

Chris Sater, CBI, CMA, MBA

Sunbelt Business Brokers
License# SALE.0995698288-ACT

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Memberships:

Sponsoring Broker:

Darren Williams
Sunbelt Business Brokers


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