Profitable, Long Standing Optometry Practice

Detail information about the listing

FF&E:  25,000

Inventory:  8,000

Growth: The Owner never really felt the need to embrace social media, leaving a huge unexplored opportunity in this age of digital marketing.  The practice is located within less than two miles of more than five Interstate Exit ramps.  Two Interstates and one major State Route converge less than two miles away, bringing more than 130,000 cars A DAY within less than two miles of this practice, with the five exits leaving plenty of opportunities for targeted drivers to conveniently exit when prodded by properly targeted social media and advertising.  Every driver needs their eyes to see!  The current owner has owned the practice for twenty years, so he feels that the practice is ready for some new ideas and innovation, an injection of energy and a fresh perspective.

Further Details: Location:    Cleveland, OH

Inventory:    Included in asking price

Real Estate:    Leased

Building SF:    1,000

Lease Expiration:    N A

Employees:    4

Furniture, Fixtures, & Equipment (FF&E):    Included in asking price

Facilities:    This business is located in a leased facility in a landscaped strip mall with nine other stores to draw walk-in traffic from each other.  Between 14,000 and 15,300 vehicles a day pass within eye sight of their visible sign.  Across the street is an open air memorial park with green grass and manicured trees, providing visiting patients with a serene atmosphere.  Lease negotiations available through Kiko Realty.

Competition:    There are 57 optometrists serving patients in 155 square miles within a 7 mile radius and over fifteen surrounding cities.

Growth & Expansion:    The Owner never really felt the need to embrace social media, leaving a huge unexplored opportunity in this age of digital marketing.  

The practice is located within less than two miles of more than five Interstate Exit ramps.  Two Interstates and one major State Route converge less than two miles away, bringing more than 130,000 cars A DAY within less than two miles of this practice, with the five exits leaving plenty of opportunities for targeted drivers to conveniently exit when prodded by properly targeted social media and advertising.  Every driver needs their eyes to see!  

The current owner has owned the practice for twenty years, so he feels that the practice is ready for some new ideas and innovation, an injection of energy and a fresh perspective.

Support & Training:    Seller’s ongoing transition services and training available as negotiated.

Reason for Selling:    Retirement