Ophthalmologist Practice Since 1990 for Sale

Asking Price$340,000

Cash Flow
$215,362
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$497,253

InventoryNot Disclosed

FF&E$45,000
Included in asking price
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Ophthalmologist Practice Since 1990 for Sale


Asking Price$340,000

Cash Flow
$215,362
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$497,253

InventoryNot Disclosed

FF&E$45,000
Included in asking price
Business Description
Well-established and profitable ophthalmology practice in desirable Hallandale, South Florida. The practice has been serving the community since 1990 and is led by a renowned ophthalmologist. The practice specializes in comprehensive eye exams, laser cataract surgery, prescription eyewear, and the diagnosis and treatment of a wide range of eye conditions including glaucoma, diabetic retinopathy, dry eye syndrome, and more.

This turnkey business includes fully equipped exam rooms, diagnostic equipment, and a steady stream of patients with high retention. It is ideal for an ophthalmologist looking to step into a successful operation or a medical group seeking expansion. The clinic accepts most insurance plans and offers financing options through CareCredit and Wells Fargo. The Seller is willing to stay working in the business for 2 years part time to guarantee an effective transition.
About the Business
Years in Operation
35
Employees
2
Facilities & Assets
1,720 square feet. 5 rooms (3 exam rooms and 2 rooms with diagnostic equipment) plus the optical store which is currently inactive. The lease expires on March, 2027. Options to renew are negotiable. Rent is $5,700. Located in a commercial location in an office building. The practice is located at walking distance to the beach.
Market Outlook / Competition
There are 3 practices in the area and other ophthalmologist practices in the county and nearby counties.
Opportunities for Growth
The practice does very little advertising, increased spending in advertising should help increase the revenues. Adding an electrical signage would help. The practice closes at 4pm, opening more hours will help the business grow. There is a fully equipped optical store which is currently inactive. Room to grow with expanded services or added providers.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,720
About the Sale
Seller Motivation
Retirement.
Transition Support
Will train for 3 weeks @ $0 cost.
Listing Info
ID
2371979
Listing Views
582

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Business Listed by: Andy Fischer Murphy Business & Financial Corporation

Listing ID: 2371979 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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