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Ophthalmology Practice In South Louisiana For Sale

Louisiana, US
Asking Price:
$500K - $1M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,583,077
Cash Flow:
$211,486

Duran Advisors presents an ophthalmology practice for sale in south Louisiana. This clinic has two New Orleans Metro Area locations and offers various services. The business has been successfully operating for decades, demonstrating stability and growth potential. It is also being sold with a full staff and management in place. It is a turn-key acquisition. The current owner is not yet fully ready to retire. However, they would like to divest their ownership responsibilities and work in the business as a doctor full-time. They will stay with the practice for a minimum of 3 years. The included EBITDA figure is after the current practice owner's salary and benefits since they will remain in practice.

This sale represents an ideal acquisition for a medical professional looking to purchase an existing successful practice or an investor looking to enter or expand in the ophthalmology sector. An acquiring doctor could buy the practice and work with the business's current owner while they build their patient base. That owner believes there is more than enough overflow to help keep a second doctor busy. With minimal day-to-day involvement from the current owner, the clinic is also a good fit for a Private Equity group looking for an add-on to an existing brand. The business is efficiently managed by experienced staff, ensuring a smooth transition.

Both facilities are leased, with renewal options available, and are fully equipped with modern medical equipment and technology. One of the offices spans approximately 5,000 sq. ft., while the other location covers around 3,800 sq. ft.

Financially, the clinic has maintained steady revenues despite industry challenges. Upon request, prospective buyers will have access to detailed financial records and a comprehensive 40+ page Confidential Information Memorandum (CIM). The sale includes all furniture, fixtures, and equipment, and the owner is open to discussing financing options.

This structured sale offers a unique opportunity to own and operate a leading eye care clinic in Louisiana. Interested parties are encouraged to act swiftly to capitalize on this rare offering. For further details and to arrange a viewing, please contact Agent Joel Duran, a licensed representative of Duran Advisors. You can reach Joel

2023 EBITDA is $211,486 (with owner vacationing an abnormal six weeks)

2021-2023 average EBITDA is $250,259

Property Information

Real Estate:

Lease

Lease Terms:

The monthly rent combined is ~$9,100. They are open leases at the moment with no expiration dates.

Location:

Both locations are strategically located to provide services to the client base.

Premises Details:

The facilities are clean and well-equipped to do business. A full Matterport 3-D Virtual Reality Scan is available to qualified buyers.

Size in square feet:
~6,800 total

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday - Friday 8:00 AM - 4:00 PM

Employees:
Full-time: 9 Part-time: 1

Other Information

Support & training:

The owner will train a buyer for two weeks and then be available by telephone as needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

100% financing is available to a qualified buyer.

Furniture / Fixtures value:
$535,000 - included in the asking price
Inventory / Stock value:
$4,000 - included in the asking price