Texas Ophthalmology Practice For Sale - Temple Texas

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Financial Highlights
Asking Price
$300,000
Revenue
$600,000
Business Description

Annual Gross Revenue: $600K Asking price: $300K Trusted, 18 year-old Texas Ophthalmology Practice for sale in the Temple Texas. Well-equipped with advanced technology including Cirrus HD OCT, IOL Master, YAG laser, HFA 740i, Auto refractor, Auto lensomteter and more. The practice offers a large waiting room, three exam rooms with two additional rooms pre-wired for expansion into exam rooms, a large diagnostics room, workroom, three administrative offices and a break room. Complete computer network system upgrade in 2019 including new computers and software. Owner/Ophthalmologist and well-trained, dedicated staff of six including an Office Manager, a Certified Ophthalmic Technician and a Certified Ophthalmic Assistant willing to remain as employees and assist in smooth transition. Currently averaging 25-30 patients per day. Potential to double the number patients per day with one additional physician. The ophthalmology practice for sale is located in the city of Temple in Central Texas. Temple Texas is the principal city in the Killeen-Temple-Fort Hood triplex area. Temple is located off of Interstate 35 approximately 65 miles north of Austin and 34 miles south of Waco. Temple is 30 miles from Ft. Hood. Temple is known as a regional medical center with three major hospitals: The Baylor Scott & White Medical Center, Baylor Scott & White McLane Children's Medical Center, and Olin E. Teague Veteran's Medical Center. The current practice offers comprehensive ophthalmologic care from routine eye exams to the diagnosis and treatment of medical and surgical diseases of the eye, cataract surgery, laser surgery, oculoplastic surgery, diabetic eye exams, diagnostic testing, retinal evaluations, macular degeneration, ocular infections and glaucoma management. 3,574 sq. ft. of leased space with lease expiration in January of 2024. Multiple opportunities for expansion include the potential addition of an optical dispensary, LASIK center and ambulatory surgery center. Trending demographics show continued increasing needs for cataract surgery to serve the burgeoning 55+ age group. Comprehensive marketing efforts include strong patient referral network, radio, newspaper, print media, direct mail, networking with active Temple Chamber of Commerce membership and visibility and participation in local charitable events. 100% Bank Financing Available with approved credit. Please inquire. Location: Temple, Texas Year Established: 2002 Number of Employees: 7 Real Estate: Leased Building Sq. Ft.: 3,574 Rent: $4,646.00 Per Month Lease Expiration: 1/1/2024 Facilities: The current practice offers comprehensive ophthalmologic care from routine eye exams to the diagnosis and treatment of medical and surgical diseases of the eye, cataract surgery, laser surgery, oculoplastic surgery, diabetic eye exams, diagnostic testing, retinal evaluations, macular degeneration, ocular infections and glaucoma management. 3,574 sq. ft. of leased space with lease expiration in January of 2024. Market Outlook/ Competition: Temple is known as a regional medical center with three major hospitals: The Baylor Scott & White Medical Center, Baylor Scott & White McLane Children's Medical Center, and Olin E. Teague Veteran's Medical Center. This ophthalmology practice is well-established and well-respected with a vibrant referral network.. Growth & Expansion: Potential to double the number patients per day with one additional physician. Multiple opportunities for expansion include the potential addition of an optical dispensary, LASIK center and ambulatory surgery center. Trending demographics show the continued need for more cataract surgery volume to serve the 60-plus age group. Comprehensive marketing efforts include existing patient referrals, radio, newspaper, print media, direct mail, networking with Temple Chamber of Commerce membership and participation in many local charitable events.

Business Details
Industry:
Health Care & Fitness
Real Estate Included:
No
About the Seller
AU
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Listed: Apr 18, 2022

Updated: 5 hours ago

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