Well-Established Ophthalmology Practice

Asking Price$1,400,000

Cash Flow
$496,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,574,000

InventoryNot Disclosed

FF&ENot Disclosed

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Well-Established Ophthalmology Practice


Asking Price$1,400,000

Cash Flow
$496,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,574,000

InventoryNot Disclosed

FF&ENot Disclosed

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.
About the Business
Number of Employees
10
Facilities & Assets
Very nicely updated 7,000 s.f. building which is well kept and leased for $10k/mo.
Website
https://synergybb.com/listings/well-established-mi-ophthalmology-practice/
Market Outlook / Competition
No competition for miles around since they offer a niche medical service (compared to primary medical care).
Opportunities for Growth
This practice will be easy to expand if the new owner opens satellite offices in other Michigan communities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,000
Rent
$10,000.00 per month
About the Sale
Seller Motivation
Owner is retiring.
Transition Support
The seller will stay on for a reasonable amount of time to ensure a smooth transition.
Listing Info
ID
2295955
Listing Views
709

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Business Listed by: John Meyers Synergy Business Brokers

Listing ID: 2295955 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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