Sold: Iowa Practice For Sale
Annual Revenue: 800000
Outstanding optometric practice available for a complete sale/buy-out. This highly successful single/solo business was established in 1979 and is currently generating over $800,000 in 2018. Practice provided 1,700 exams in 2018, producing an average of $450/RPP. Three exam rooms are fully equipped with state-of-the-art instruments and technology in excellent condition. The 2650 sq/ft office space is owned and for sale or lease option. From pediatrics to geriatric patients, this full scope optometry practice provides comprehensive eye health and vision care services including, VT, dry eye, and ocular disease management. Attractively designed optical features an extensive and diverse frame collection. Inventory includes over 750 frames. The optical finishing lab and equipment featuring a Santinelli edger. The practice operates with Revolution EHR software that is certified. Six highly trained staff bring experience and expertise to this high revenue generating practice. This is a complete sale/buy-out and the owner will assist the buyer during the transition of goodwill and assets. Net to gross ratios provide ample free cash flow after debt service. No immediate capital improvements needed. Independence, IA provides an excellent work/life balance. Incredible place to live and raise a family. Excellent proximity to nearby metro areas – under 45 minutes from Waterloo, Cedar Falls and Cedar Rapids
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