Ophthalmology practice
Asking Price: | $2,200,000 |
Gross Revenue: | $1,700,000 |
Real Estate: | $1,700,000 |
Cash Flow: | $400,000 |
Inventory: | $500,000 |
LCEA is an optometry office located in New Castle, Pennsylvania. The Company
started in the early 1990s. Today, the Company services approximately 10,000
patients each year.
This Ophthalmology practice has been servicing the local area for over thirty years.
This business is perfect for someone who is either in the optical business or
looking to get into the optical business; as well as an Optometrist looking for
another location offer a full-service business operation. Current owners are ready
to retire. go to www.pghbiz.com click online nda
Key Strengths Reflected in the Appraisal
1. LCEA has a strong reputation in the community and industry.
2. The Company is the only optometry office in its county and faces little
competition.
3. The Company has strong referral sources which generate revenue for the
Company.
Optometry practice for sale Northwestern Pa. featuring a fantastic profitability
allowing the new owners to fully operate this ongoing business while enjoying
excellent cash flow currently producing a little over $1.8 million in receipts, with
the owner’s taking home over $600k each year ($616k in 2022). Current owners
willing to stay on for a seamless transition. This piece of paradise is ready for the
next owners to enjoy. Real estate available.
Thriving Optometry practice for sale in Western Pennsylvania with a high gross
and high net. Selling OD willing to stay on and help with transition. Room for
growth.
Two exam lanes, one pretest lane. Contact lens education room. Steady income.
Approximately 2,200 square feet. Scheduled approximately a month in advance.
Currently booking 3 exams per hour. Professional fees have not been raised for two
years. OD will stay at least 6 months. Fully equipped. Experienced
support staff. In house lab (finishing, tinting and repair).
Please complete the NDA below for more information.
Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price.
Facilities:
The main optometrist office with store can be setup as a lease or lease with
option to purchase. The secondary surgery center property is available for
purchase (estimated $695,000)
Competition:
There are competitors in the area, which is why buying a known name and
location is important to maintain a successful operation.
Growth & Expansion:
Opportunity to upsell additional optical products and services.
Support & Training:
Owners willing to assist with training and successful transition to new
owners.
Reason for Selling:
Retiring