Optician For Sale : Ref 1910

Ref: 1910
Asking Price: £132,500
Turnover: £288,411
Area: Shropshire

Myers La Roche are delighted to bring to market a practice which would benefit from an ambitious new owner to promote business growth. An optometrist would find this particularly suitable, however there is also considerable opportunity for a DO owner.

This practice is located on the high street of an affluent Shropshire town with many new housing developments recently completed. Sharing a street with well known retailers ensures significant footfall past the shop, with passersby enticed by the outward facing shop display.

The gross profit margin of the business is 64.3%, below the MLR benchmark for a practice of this size 72%. A new owner focusing on improving this KPI could see profit levels rise considerably, potentially up to £20,000 a year.

An optometrist owner coming into the practice would be able to take on the testing hours predominantly performed by locums, which would help to reduce the associated overhead costs.

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To request further information or to arrange a viewing please contact Elliott Booth on 0161 929 8389 or ebooth@myerslaroche.co.uk