Newly Remodeled Twin Cities Metro Optometry Pra...

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$379,000 $553,090

Miscellaneous: Non-classifiable


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RE: Newly Remodeled Twin Cities Metro Optometry Pra... Broker: Sunbelt Business

Quick Facts

Asking Price: $379,000
Annual Revenue: $553,090
Net Profit: Not Disclosed
Cash Flow: $170,636
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: 3
BBN Listing #: 84464254
Broker Reference #: MINNEMN003-50467

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Business Overview:

This a wonderful opportunity for an O.D. looking to own their first practice or for an existing practice to add new location. ? The practice is located in the Twin Cities East metro in a high visibility location with excellent traffic and nearby access to a major Interstate. ? It has been around for over 30 years and has over 10,000 patient records with an additional 5,000 that are archived. ? Stable and loyal patient base. ? Completely remodeled 1,400 sq. ft. space in a prime location featuring a large exam room, pre-test room on-site laboratory, and a spacious dispensary offering a nice assortment of eyewear frames. ? 2022 Revenues and Owner?s Cash Flow were $553K and $170k respectively. ? Asking price of $379k includes $25k of Inventory and all the Furniture, Fixtures, and Equipment. ? Bank financing available for 100% purchase price to a qualified O.D. buyer. Sunbelt Listing ID: 3-2038 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.

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Reason for Selling:

Pursue other business opportunity

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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