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Optometry Practice #: MA1002

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  7. Optometry Practice #: MA1002
Listing Status: Active
Opportunity Type: Traditional Sale
Practice Type: Optometric Practice
Gross Revenue: $392,000
Years at Current Location: 29
Square Footage of Office: 1,500
Real Estate: Owned
Worcester County, MA, USA, Massachusetts, United States 0 mi

This a unique turnkey opportunity. This is an Optometric Practice located in Worcester Massachusetts.

Magay & Baron Eye Center is a 108 year old family owned business. The owners are looking to transition the business to an optometrist. In the current business model, the Practice has a non-contracted optometrist come into the practice and conduct patient exams twice a week. The Doctor refers all patients to Magay & Baron for eyeglasses. Magay & Baron Eye Center schedules all patients exams, recalls, and maintains the goodwill. The revenues seen below do not include the production generated from the optometrist. A new buyer would be able to incorporate the revenues from the patient exams and contact lenses.

The Practice conducts 900 exams annually. Currently the Practice has 75 calls from patients, 65 exams to be rescheduled due to COVID-19, and over 300 recalls to go out.

The Practice is centrally located on a main road downtown. This is a very desirable location with easy highway access. The Practice is located near multiple colleges, including, Quinsigamond Community College, Worcester Polytechnic Institute, & Becker College.

This is a fantastic opportunity for any optometrist who wants to own a practice in the Worcester area. This is a family business that has been around for generations. The name recognition is second to none.

Contact Information
Contact Name: Luke Kelly