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Southwestern Mn Optometry Practice And Optical For Sale. $124k In Owners Cash Flow. Bank Financing For Sale

St. Paul-Minneapolis-Twin Cities, Minnesota, US
Asking Price:
$249,000 Inventory / Stock included
Sales Revenue:
$341,814
Cash Flow:
$142,992

Great opportunity for an O.D. looking to own their first practice.

• This turnkey practice has been in business for nearly 40 years.

• 1,500 sq. ft. attractive, stand-alone facility occupied by solo practitioner with thousands of patient records on file. Facility includes a dispensary, large exam room, pretesting room, contact lens room and lab.

• Practice offers comprehensive eye exams, preventative vision care, pre- and post- operative care, contact lens fittings and optical sales.

• Located in lovely community in Southwest MN.

• Highly regarded practice with great patient satisfaction.

• 2021 revenues and owner’s cash flow were $341k and $143k respectively.

• $30k of Inventory and all the existing Furniture, Fixtures, and Equipment, and a building worth $70k are ALL included in the $249,000 sale price.

• The stand-alone building is available at a separate price of only $70k! You never have to pay rent again!

• Bank financing available for 100% of the practice purchase price to a qualified O.D. buyer.

If you are looking to buy an Optometry practice, sell an Optometry practice, or would like an Optometry practice valuation, contact Randy Krivo, Minnesota and Western Wisconsin’s Optometry practice sales specialist, to schedule a confidential and complimentary consultation.

Property Information

Premises Details:

N/A

Size in square feet:
1500 sq ft

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 1, Part Time: 1

Other Information

Financing available:

Bank Financing for 100% of Purchase Price to Qualified Buyers.
10 year bank loan, $2,880/mo.

Inventory / Stock value:
$30,000 - included in the asking price

Contact Sunbelt of St. Paul / Minneapolis

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