Southern Iowa Comprehensive Ophthalmology Solo Practice for Sale. Owner generates $1.9M on 18 hours work per week.
Great Opportunity for Growth & Expansion
Our well-established, solo ophthalmology practice in Southern Iowa is available for acquisition.
This practice has been serving a vast 100-mile drawing area for over 32 years, offering comprehensive ophthalmology care. We are a word of mouth referrals practice with 20,000 patient records. We do not advertise.
Practice Highlights
- $1.9M Gross Revenue 2024 – Current owner works 4 half days per week (3 half days in clinic, and one half day per week in surgery)
- 550 cataract surgeries per year is our average.
- 100% Pathology – The incoming owner will see a variety of cases, with opportunity to expand services into Peds, Plastics, and Cornea.
- Room for significant growth.
- 1,500 Injections Annually – Stable, recurring revenue stream.
- 4000 sqft Leased Office with Optical – Fully equipped and efficiently designed workspace.
- ASC, just minutes away.
- Five Experienced Employees – Dedicated staff ready to support a new owner.
- Hard Assets Valued at $500K – Including all necessary equipment to continue operations seamlessly.
Excellent Growth Potential
With the current owner working limited hours (Clinic, Monday, Wednesday, Thursday and surgery on Tuesday mornings), a full-time owner could dramatically increase revenues. Additionally, integrating subspecialties such as Pediatrics, Plastics, and/or Cornea could bolster revenue even further.
This is a rare opportunity to take over a thriving high volume practice with built-in patient demand and immense growth potential. Don’t miss your chance to step into a profitable and well-established ophthalmology practice in Southern Iowa!
Financials & Terms
- Revenue, 2024 of $1.9M on 18 hours of work per week.
- Hard Assets of $500K
- Appraised at $1.4M (Approximately 3X EBITDA)
- Asking Price: $1.4M
- Serious Inquiries Only – NDA available for qualified buyers.
Contact Information:
Contact:
For more information regarding this ophthalmology practice for sale, please contact Mr. Basil Morgan at bmorgan@burnsfostereyes.com
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