Ophthalmologist Practice Since 1990 For Sale
Hallandale, FL Broward County
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- RE: Ophthalmologist Practice Since 1990 For Sale
- Contact: Andy Fischer
Quick Facts
| Asking Price: | $340,000 | |
| Annual Revenue: | $497,253 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $215,362 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $45,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 2 | |
| BBN Listing #: | 992081 | |
| Broker Reference #: | 1040-18909 |
Business Overview:
Well-established and profitable ophthalmology practice in desirable Hallandale, South Florida. The practice has been serving the community since 1990 and is led by a renowned ophthalmologist. The practice specializes in comprehensive eye exams, laser cataract surgery, prescription eyewear, and the diagnosis and treatment of a wide range of eye conditions including glaucoma, diabetic retinopathy, dry eye syndrome, and more.
This turnkey business includes fully equipped exam rooms,diagnostic equipment, and a steady stream of patients with high retention. It is ideal for an ophthalmologist looking to step into a successful operation or a medical group seeking expansion. The clinic accepts most insurance plans and offers financing options through CareCredit and Wells Fargo. The Seller is willing to stay working in the business for 2 years part time to guarantee an effective transition.
Contact the Seller:
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Property Features and Assets:
1,720 square feet. 5 rooms (3 exam rooms and 2 rooms with diagnostic equipment) plus the optical store which is currently inactive. The lease expires on March, 2027. Options to renew are negotiable. Rent is $5,700. Located in a commercial location in an office building. The practice is located at walking distance to the beach.
Assets = $45,000
Market Competition and Expansion:
There are 3 practices in the area and other ophthalmologist practices in the county and nearby counties.
The practice does very little advertising, increased spending in advertising should help increase the revenues. Adding an electrical signage would help. The practice closes at 4pm, opening more hours will help the business grow. There is a fully equipped optical store which is currently inactive. Room to grow with expanded services or added providers.
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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