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Optometry Practice Listed by SUNBELT BUSINESS ADVISORS
Business Description
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.
About the Business
- Years in Operation
- 23
- Employees
- 10
- Facilities & Assets
- The practice is conducted in leased space with low rent and good terms.
- Market Outlook / Competition
- This practice offers unique services with a growing demand, attracting patients from long distances due to the scarcity of similar practices in the area.
- Opportunities for Growth
- Current owner is planning to retire and a young energetic buyer may grow this business to new level by more of marketing and awareness.
Real Estate
- Owned or Leased
- Leased
- Rent
- $4,884.00 per month
About the Sale
- Seller Motivation
- Owner would like to retire but willing to stay on board for smooth transition.
- Transition Support
- The owner is willing to remain on board to facilitate a smooth transition, with mutually agreed-upon terms, to train the new optometrist owner.
Listing Info
- ID
- 2275693
- Listing Views
- 2992
Listing ID: 2275693 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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