Successful Practice for Associate Buy In/Sale in Bedroom Community of SW Michigan
Single Location - Suburban
Just celebrated 20 years in practice with loyal patients. Bedroom community in southwest MI, with high income bracket to pull from and many patients traveling a distance, due to excellent patient care over the years and our stellar reputation. Doctor happy to stay during transition, or long term, depending on buyer - open to different options.
This practice has been in the business of over 15 - 20 years.
Michigan
Revenue $500K - $1M
Details
Mattawan - Seim
Just celebrated 20 years in practice with loyal patients, and we continue to get calls from new patients daily. Excellent opportunity for more growth and we do not take any Vision Care Plans!
Bedroom community of Kalamazoo with high income bracket to pull from, and many travel a distance, due to excellent patient care over the years and stellar reputation.
Original location, but updates to the facility have been made along the way.
- Two new Marco lanes with automated phoropters purchased 2022
- 2019 Optos California
- Optos OCT
- Oculus Easyfield VF
- Pachymeter
- iLux
- iCare Tonometer
- Tonopen
- Optikam technology for the optical
Doctor happy to stay during transition, or long term, depending on buyer - open to different options.
VSP was the last vision care plan dropped in December, 2020. Most patients stayed and pay out of pocket due to quality care. On track to make around $750,000 this year with fewer, more desirable, patients than in the past.
Average revenue per patient 2020: $514
Average 2021: $573
Average 2022: $585
First Quarter 2023: $622
Seeing an average of 1200 patients per year, current doctor prefers to leave 1-2 openings per week to get new patients and emergencies in sooner than other offices that are booked out for months. New doctor/owner has potential to see double this number, comfortably, if desired, and bring in double this revenue.
Small town, but with 2 large companies with around 3000 employees combined. The community has grown since the practice started, and is still a place where families move to. Residential and commercial building continue. Current Landlord is constructing a new building and is open to transferring our lease to the new place since we have just renewed.
Lots to do in the Kalamazoo area. Mattawan has top rated schools. 45 minutes from beautiful Lake Michigan, close to great little ski areas (free ski lessons from doctor's husband), 2 hours to Detroit, 2 hours to Chicago. West Michigan is a great place to live!
Practice Information:
Building Size: 1800 square feet
Mattawan, Michigan, 49071
Owner Information:
I've owned this practice for over 15 - 20 years.