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Ophthalmology Practice in Michigan

Price: $1,400,000

Annual Revenue: $1,574,000

Net Cash Flow: $496,000

Industry: Health Care

Location: Kalamazoo County, Michigan

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.

PLEASE NOTE:  Only buyers with an Ophthalmology license will be considered.

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.

Operation

Employees: 10

Location

Facilities Information:

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

Summary

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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