Asking Price: $986,000 Gross Revenue: $1,200,000Cash Flow: $500,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $100,000 included in asking priceFF&E: $100,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
***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 email@example.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.
Optometry Practice and Professional Eye Care Business-Under Contract
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