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Optometry Practice #: NJ1003

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  7. Optometry Practice #: NJ1003
Listing Status: Sold
Opportunity Type: Traditional Sale
Practice Type: General
Practice Selling Price: $447,000
Gross Revenue: $747,000
Net Income: $219,000
Years at Current Location: 23
Square Footage of Office: 1,800
Real Estate: Leased
Monmouth County, NJ, USA, New Jersey, United States 0 mi

The current doctor has been working in Monmouth County for the past 38 years. The patient base is upper middle class. This Practice is ideal for a young optometrist interested in practice ownership. The foundation is in place to earn an above average salary in the first year of ownership. However, by implementing new procedures and marketing strategy revenues are primed to increase greatly.

After reopening in June this practice has been busier than ever before. The practice has increased monthly production in comparison to 2019 numbers. In September 2020, the practice saw a 10% increase in production when compared to September 2019. This trend has continued into October and November. The Doctor has a full schedule and production has been increasing post-COVID19.

Contact Information
Contact Name: Luke Kelly