This San Gabriel Valley practice with 3 doctor days per week, with no weekends, is a gem waiting to be taken to the next level. This practice boasts newer exam lane, topographer, pachymeter, retinal camera, iCare tonometer, 2 slit lamps, automated phoropter, a manual phoropter, Goldman tonometer, edger, tint machine and more. 2 exam rooms.
Average revenue is $290,000 over the last 4 years. With an impressive 32% True Net. Come and purchase this practice, open the practice on Saturdays and one additional days during the week and watch the revenue grow by 25% with proper management and still have two days off. This practice is booked out 3 + weeks, which is not common for an urban practice. This easily allows for even more doctor time per week, even adding 2 days per week over the short term should increase the revenue and True Net of the practice to even higher levels, resulting in a more reasonable booked out schedule of less of a wait for an appointment for patients.
The seller is willing to transition her practice to the buyer by staying on a day a week to help with the patients transitioning to the new doctor.
The office space of the practice is 1200 SF in a shopping plaza with other shops. Rent is a low $2,300 per month. An extended lease is available. Great visibility.
The practice is offered with its inventory of $18,335, all equipment, free and clear to the new buyer for a price of $179,000. Firm. The 4 formula valuation calculation came out to a valuation price of $194,297. The lower offering price of the practice than the valuation price, makes this practice a good value for a doctor who can offer more doctor hours to the practice with the consideration of adding a speciality to the practice for even more growth.
Please contact Dave Carlton OD the facilitator for this practice for a personal walk through of the financials, True Nets, and valuation for this practice. Then let’s go see the practice and talk with the seller. I look forward to hearing from you.
Contact information for the Facilitator, Dave is drdcod77@yahoo.com
land line 909-621-7520 Text me from an Apple phone at davecarltonodati@hotmail.com
You want to own a private practice and build value for yourself instead of for someone else.
Facilitator of Practice Sales. I am also in private practice.
office 626-335-4021 Glendora CA Close in So Cal Come in and see me, Let’s plan your purchase. No hard sell, just the facts leading you to make your decision
home office with message phone 909-621-7530. I gladly take evening and week end calls.
With an Apple phone you are able to text my e-mail as well. davecarltonodati@hotmail.com
No fee to buyers. The sellers whose practices are listed with me, as in real estate, pay my Facilitator Fee
Complementary advice if you are serious about a private practice purchase.
My advice to any buyer and seller, please use my representation, you will not be disappointed with how I work.
I walk the buyer and seller through the complete transition process.
Shadowing is available at my office for you to get comfortable with private practice.
Motto. The successful transition of private practice from one generation to the next.