Established optometric practice for over 50 years, currently owned by a single optometrist for the past 28 years who is seeking retirement. Recently remodeled office with up-to-date equipment, including OCT, retinal camera, visual field machine, and others. The current practitioner would be willing to remain on in a limited capacity to facilitate the transition to the new owner.
- Asking Price:
- $199,000 Furniture / Fixtures included
- Sales Revenue:
- $475,000
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
9 years remaining on lease with opt out in 4
- Leasehold Rent:
-
$38,900 per annum
- Location:
-
Located in popular shopping center
- Premises Details:
-
2200 sq ft office with competitive lease with 9 years remaining on current lease with an exit option in 4 years if tenant desires
- Size in square feet:
- 2,200
Business Operation
- Management type:
- This business is owner operated.
- Competition / Market:
-
Closest competition 2-3 miles away
- Reasons for selling:
-
Retirement
- Trading hours:
-
M-F 9-5
- Employees:
- 3
- Years established:
- 50
