Upscale Optometric Practice in Southern Idaho

Not Disclosed, ID

Mountain West


Asking Price: Annual Revenue:
$2,400,000 $2,069,128

Services: Medical, Dental


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RE: Upscale Optometric Practice in Southern Idaho Broker: Sheila Spangler

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $2,069,128
Net Profit: Not Disclosed
Cash Flow: $752,587
Total Debt: Not Disclosed
FF&E: $155,894
Real Estate: Not Disclosed
Year Established: 1991
Employees: 9
BBN Listing #: 58104955
Broker Reference #: 8304-17241

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Business Overview:

Established full-scope optometrist practice located in desirable southern Idaho location is for sale. The practice has a dominant market position, access to products and pricing unavailable to smaller practices, and generates higher profit margins than industry average. The doctors and optical are in-network with most insurances. Experienced practice manager to remain in place. The company has a strategic advantage with market positioning. The seller is ready to retire and desires to sell 100% of practice ownership. Seller will provide reasonable transition and training. The practice is pre-qualified for business acquisition financing. Note: Revenues shown are net of insurance adjustments/write offs.

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Property Features and Assets:

Business is located in 6,303 square foot building at market rate lease. Lease is assignable and will meet Lender financing requirements. Assets = $290,894

Market Competition and Expansion:

The Company shows superior financial performance as compared to its peers in NAICS industry 621320 with net earnings more than double that of the peer median. According to IBISWorld, the optometrist industry will continue to grow largely due to the aging population, increasing awareness of eye health, and risking per capita disposable income for more consumers to cover costs related to treatment.

Reason for Selling:

Owner wants to retire.

Additional Details:

  • The property is leased.
  • The owner is 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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