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Established Ophthalmic Business with Retail Store & Real Estate

Listing Number: 80561-287911

Listing Details

Established Ophthalmic Business with Retail Store & Real Estate

Price: $1,055,000
  • Business Category: Optical Related
  • Down Payment: $925,000
  • Sellers Discretionary Earnings: $336,640
  • Total Sales: $610,744
  • Location: Capital Region, Pennsylvania, United States
  • Inventory: $5,000
  • Agent: Uday Shrikantia
  • Year Established: 1999
  • Reason for Selling: Retirement
  • Listing Number: 80561-287911

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    Business Listed By

    Uday Shrikantia

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    Business Description

    • Single owner ophthalmic business, with over 2000 patient files
    • Strong reputation in a small community
    • Retail eyewear operation along with the practice
    • Business includes real estate with three rented apartments above the practice with 10 parking spaces
    • Owner prepared to stay as an employee for 3 years
    • Revenue: $1.5 Mn
    • Real Estate: $480k
    • SDE: $280k
    Ideal Buyers:
    An optometrist looking to own his or her own practice
    An investor seeking a profitable business with real estate
    An optical chain looking for expansion in a smaller community