Located in a strip mall in the Ralph’s Center is an optometry practice just coming up for sale. Nice decor and knowledgeable staff await to help you in your quest for success.
Average revenue over the last 4.83 years is $430,496 with the greatest need of this practice is an evaluation of the Cost of Goods. There is only so much cost for optical materials a practice should have usually in the 28 to 32% area. As a result this practice has a lower valuation than it would have otherwise. Based on the current financials and COG the valuation is $186,627. The offering price is $179,000 Firm. This is only 41.5% of revenue. The average practice across the USA sells for 58.7% of revenue. The seller wants to retire, so let’s look at this one for a value purchase. Then add value quickly by working with the COG percentage to bring that into line with what it should be for the revenue.
add doctor hours to see additional patients. The present owner works 20 hours per week.
Contact Dave Carlton OD for your meeting with him to discuss this practice opportunity drdcod77@yahoo.com 909-621-7530 Landline
You want to have a private practice of your own and build equity for your self instead of some one else with less stress and more reward.
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.