Ophthalmology Practice in Michigan: Sold

Price: $950,000
Annual Revenue: $1,458,000 Net Cash Flow: $650,500
Health Care Kalamazoo County, Michigan

This business has been sold. Please view our other Medical Practices for sale.  If you would like to sell your medical practice, please contact us for a confidential consultation. 

Established, well-managed eye care practice operating for 20+ years with 10,000 active patients.

This practice serves area communities with a personalized approach and has great reviews as a result.

Many growth opportunities are available to a new owner since this practice is capable of expanding with satellite offices in neighboring communities.

Also, most patients come from word-of-mouth and referrals so marketing this practice will help grow it even more.

10 devoted employees will stay on, and the real estate is leased. Seller will stay for a reasonable transition period as well.

Listing Details

Reason For Sale: The owner is retiring.

Training & Support: The seller will stay on for a reasonable amount of time to ensure a smooth transition.

Operations

Employees: 10

Location

Facilities Information: Very nicely updated 7,000 sq. ft. building which is well kept and leased for $10k/mo.

Additional Information

Competition:

No competition for miles around since they offer a niche medical service (compared to primary medical care).

Potential Growth:

This practice will be easy to expand if the new owner opens satellite offices in other Michigan communities.

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Contact Us About This Listing
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John Meyers Senior M&A Broker

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