Businesses for Sale

Ophthalmology Practice

Email of Advisor:

Brad@BravoKiloAdvisors.com

Strengths:

  • Minimal Owner Perks
  • Well-Structured and Current Financial Records
  • Detailed Organizational
  • Structure and Clear Job Descriptions

Weaknesses:

  • Requirement for More Medical Practitioners

Reason for selling:

  • Retirement

The Company is a distinguished Ophthalmology Practice, renowned for offering a wide spectrum of eye care and medical services. This includes everything from routine eye examinations to sophisticated surgical procedures. Leveraging cutting-edge technology, their adept team specializes in the diagnosis, treatment, and management of a diverse range of eye conditions. Committed to delivering outstanding patient care, they ensure that each patient receives personalized and thorough treatment, solidifying their reputation as a leader in eye health services.

 

Top Details/Business Activity


Established History:

Founded in 1977, the company has a rich history spanning over 45 years, positioning it as a venerable leader in its industry.

Consistent Growth:

Demonstrated a steady upward trajectory with more than $500,000 in cash flow for 2023, indicative of robust financial health.

Impressive Profit Margins:

Maintained a remarkable average cash flow margin of 33% across the past three years, illustrating efficiency and profitability.

Renowned Brand Identity:

The company is widely recognized for its outstanding work and has cultivated an excellent reputation, reinforcing its brand strength.

Loyal Customer Base:

Features a strong client mix, with 80% of its business sourced from repeat and returning patients, highlighting client trust and satisfaction.

Substantial New Patient Acquisition:

Despite the high rate of repeat business, 20% of the clientele consists of new patients,
demonstrating effective market penetration and appeal.

Significant Asset Holdings:

Equipped with over $200,000 in fixed assets, which bolsters its operational capabilities and market value.

Strategic Location:

The company benefits from a strategically
chosen location, enhancing accessibility and visibility to its target market.

Dedicated Team:

Employs a skilled and committed workforce,
contributing to its high service standards and operational success.

Innovative Practices:

Continuously adopts innovative techniques
and technologies, keeping it at the forefront of industry advancements and customer expectations.

Diverse Service Offerings:

Offers a wide range of services, catering to a broad spectrum of client needs and enhancing revenue streams.

Real Estate:

Land and Building (not included in purchase price) can also be acquired in conjunction with business.

Employees:

The Company employs a total of eight staff members, consisting of four full-time and four part-time employees. The core team includes a Medical Doctor, Clinic Manager, Office Manager, Surgical Coordinator, and a Technician.

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Why Us?

20+

YEARS OF EXPERIENCE

ACCESS TO AN EXPERIENCED BOARD OF ADVISORS

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