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Optometry Practice #: ME1002

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  7. Optometry Practice #: ME1002
Listing Status: Active
Opportunity Type: Sale
Practice Type: General
Practice Selling Price: $125,000
Gross Revenue: $252,471
Net Income: $91,397
Years at Current Location: 35
Square Footage of Office: 1,680
Real Estate: yes
Location:
Penobscot County, ME, USA, Maine, United States
Description:

This Practice has been a steeple in Penobscot County for nearly 50 years. The Practice is located in a large office space with easy access to all major highways. The Practice is open four days a week. The Practice has a large patients base and the Doctor is constantly booked. This is a very profitable Practice. The restated net income is 36% of gross revenues. The national average for optometry Practices is approximately 30%. The Practice only accepts a few insurances. The Practice has potential to increase optical revenues. In 2019, only 23% of revenues were generated from optical sales. In the first year of ownership a buying Doctor would earn a substantial salary without increasing any production. The seller is willing to remain on throughout the process to ensure all patients are transitioned.

This Practice is ideal for:

1- Entrepreneurial Doctor

2- Nearby practice owner looking to acquire more patients.

 

Real-estate is also available for purchase.

Contact Information
Contact Name: Luke Kelly

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