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.

Ophthal-clinic-300x200-1
Contact Us About This Listing
John Meyers Synergy Business Brokers Chicago Illinois

John Meyers Senior M&A Broker

  • This field is hidden when viewing the form

Similar Listings Based on Location and/or Industry

Allergy-300x200-1
Established Allergy Therapy Practice
Asking Price: $500,000
Annual Revenue: $478,786 Net Cash Flow: $159,520
Health Care
Delaware
chiropractic
Rehabilitation and Chiropractic Practice: Multi-disciplinary
Asking Price: $900,000
Annual Revenue: $1,481,333 Net Cash Flow: $489,862
Health Care
Pennsylvania
Sleep-and-Lung
Sleep and Lung Practice For Sale
Asking Price: $1,200,000
Annual Revenue: $820,000 Net Cash Flow: $395,000
Health Care
Virginia
addiction
Behavioral Health and Addiction Treatment Platform
Asking Price: $1,300,000
Annual Revenue: $1,708,373 Net Cash Flow: $286,018
Health Care
Virginia