Optometry Practice Valuation

An optical business valuation is the process of determining the fair market value of your practice and there are many reasons why a valuation may be necessary. As a meticulous analysis of the various factors that contribute to your practice's overall worth, an optical practice valuation is best conducted by specialists rather than a general accountant.

Date: 2024
Written by: Myers La Roche

There are times in any optical business owner’s life when they need to know the value of their practice. Although each optical practice valuation is different, broadly the reasons behind the need to know the value fall into three categories: 

- Valuation for business reasons – preparation for retirement, exit planning, benchmarking to strengthen business or aid growth 

- Valuation for sale 

- Formal Valuation for fiscal reasons – probate, divorce, partnership disputes 

At Myers La Roche, our dedicated consultancy team are adept at valuing optometry practices using their in-depth knowledge of the Optical industry. Therefore, we understand that the catalyst for the valuation will have a huge bearing on the valuation process and output required. 

Our Enhanced Valuation is used in most situations where a business sale is not the required outcome, and the Sales Valuation is used as part of a fully managed practice sale. For full details see our Comprehensive Optical Practice Valuation Guide 

The Formal Valuation is the expert valuation needed for fiscal purposes such as probate, divorce and partnership dispute. These sometimes complex or even contentious valuations need to be robust and fully documented to allow you to navigate legal and financial situations with confidence. 

Whatever the reason, our experienced consultants utilise a meticulous process that considers all aspects of your practice, ensuring a fair and accurate valuation. 

When you need to know the value of your optical practice, trust the friendly team at Myers La Roche to handle your business with care and discretion. Give us a call on 0161 929 8389 or email info@myerslaroche.co.uk for a confidential discussion. 

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