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Business For Sale
GREAT OPTOMETRIC PRACTICE OPPORTUNITY
Attn:
LOREN MARC SCHMERLER
Metro Atlanta, GA, USA
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Listing Number: "1040682"
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Listing
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Services: Medical, Dental, Assisted Living
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Reason for Selling:
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Family responsibility. |
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Year Established:
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1990 |
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# of Employees:
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3 full-time and 2 part-time |
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Yearly Revenues:
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$597,541 |
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Yearly Cash Flow:
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$306,242 |
Business for Sale Overview:
"Open your "Eyes" to a Great Optometric Practice Opportunity "*** How many businesses throw off $300,000 in Owner's Discretionary Cash Flow? *** Not many. This business grew its sales by 16.2% and its ODCF by 35.5% from 2005 to 2006.
Property Features and Assets:
400 sq. ft. in a well-established shopping center. Rent including CAM is $2,779.34/mo.
Market Competition and Expansion:
Competition: This practice has its own niche market. It is close to MARTA and within walking distance of many communities. *** Growth and Expansion: If a new owner accepted Medicare patients, the practice could move towards $1 million in revenues. If a surgeon bought the practice, there would be tremendous synergy due to the amount of referrals for cataracts, Lasik, etc.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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