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For Sale Houston, Texas Optometry Practice for Sale

Discussion in 'For Sale and Advertisements' started by VisionaryPracticeGroup, Aug 20, 2015.

  1. VisionaryPracticeGroup

    VisionaryPracticeGroup Eye Care Practice Consultant
    2+ Year Member

    Apr 26, 2014
    Likes Received:
    Houston, TX Optometry Practice for Sale

    This growing practice is located in Houston in a medical building just off of a major highway with excellent visibility. Average annual gross revenues for the past three years equal $914,000, and average annual net income to owner for the same period equals $360,000. Average net income equals 40% of Gross Revenues, which is well above the national average. Owner estimates gross revenues for 2015 should exceed $1,150,000, and net income to owner should exceed $400,000.

    The 1,755 square feet office is comprised of 3 exam lanes, 2 testing areas, reception area, contact lens dispensary area, closets, business office, optical/edger lab, optical dispensary and 11 workstations networked thru local server infrastructure. This practice is also paperless and computerized with OfficeMate EMR software.

    The office contains upgrades in clinical equipment and modern technology, such as Optovue SD OCT, Optos Daytona System, Diopsys VEP, Corneal Topography, A-B Ultrasound, Slit Lamp Photography, Matrix FDT, Konan Specular Microscopy, Santinelli Express Edger and more.

    Owner will help buyer throughout the transition. This is an excellent opportunity for a buyer to achieve long-term professional success and earn significantly more income than employed as an associate.

    Gross Revenues: 2014 = $993,274; 2013 = $898,410; 2012 = $769,629
    Owner Cash Flow: 2014 = $381,191; 2013 = $345,405; 2013 = $326,889

    Practice Price: $739,654: 100% Bank Financing Available!

    REF#: #OD489270TX

    Listing Broker: Erik Ferjentsik, MBA
    Visionary Practice Group LLC
    Phone: 877-268-8881
    Email: [email protected]
    Web: www.visionarypracticegroup.com
    Listing Link: www.visionarypracticegroup.com/listings
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