Sold: Texas Practice For Sale
Annual Revenue: 1200000
Metropolitan practice for sale in the heart of downtown Houston. This highly successful single/solo business was established in 1978 and has consistently generated well over $1 million for the past 10 years. Private pay patients make up a significant portion of the 1,300 exams in 2016, producing an average of $950 revenue per patient. Two exam rooms are fully equipped with state-of-the-art instruments and technology in excellent condition, featuring an Optos Daytona, Zeiss OCT, Matrix FTD, and an Atlas topographer. This 3,100-sq. ft. office space is leased and transferable. From pediatrics to geriatric patients, this full-scope optometry practice provides comprehensive eye health and vision care services including, CVS, CRT, dry eye, and ocular disease management. Attractively designed optical features an extensive and diverse boutique frame collection. Custom-made furniture and displays from Fashion Optical accent the showroom. Inventory includes over 650 frames in addition to contacts and optical lenses in stock. The optical finishing lab and equipment provides unique value and improved efficiencies to patients. This practice operates with Eyefinity software that is certified EMR/EHR. Three highly trained staff brings experience and expertise to this high revenue generating practice. This is a complete sale/buyout, 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. As the third largest city in the U.S., Houston provides an excellent work-life balance.
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