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VisionaryPracticeGroup

Eye Care Practice Consultant
5+ Year Member
Apr 26, 2014
13
0
www.visionarypracticegroup.com
Status
Non-Student
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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