Jan 16, 2025
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. 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....
David D Carlton OD AOC
Practice for Sale