Long Standing Optometry Practice

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$150,000 $285,794

Services: Medical, Dental


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RE: Long Standing Optometry Practice Broker: Marvin Slovacek

Quick Facts

Asking Price: $150,000
Annual Revenue: $285,794
Net Profit: Not Disclosed
Cash Flow: $81,167
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1917
Employees: 2
BBN Listing #: 4004955
Broker Reference #: 7401-17746

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Business Overview:

This very successful, long-standing optometry practice presents an outstanding opportunity for a licensed optometrist to acquire and step into a well known and respected practice. The practice has established a wonderful reputation through several generations of family ownership.

All of the equipment is in place to begin operating immediately to serve a lengthy list of clinic patients.

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Property Features and Assets:

The clinic is completely outfitted with all of the equipment needed to continue the successful practice which has been operating for many years. Though the current owner cannot practice any longer, they retain the same well known location they have had for many years, the office lease is still in effect. A new owner would have the flexibility to step in and take over the lease or cancel it if they say fit. A complete list of the included equipment is available. Assets = $11,000

Market Competition and Expansion:

There are of course a number of choices that patients can make regarding their vision needs. However, the long established history and well respected clinic name, make it easy and the logical choice to continue to go there to meet their vision needs. The current ownership was very comfortable with the constant flow of patients; and thus did little to grow the business. But new ownership can begin operating based on the current patient list immediately while instituting growth strategies.

Reason for Selling:

Health issues, the current owners must step away.

Additional Details:

  • The property is leased.
  • 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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