Wondering What Your Optometry Practice Is Worth?
Our Transition Advisor team has been directly involved in over $195 Million in practice transactions. This thorough understanding of how Optometry practices are bought, sold and financed allows us to provide the most realistic fair market value for your practice.
At 1st Med Transitions, we never charge a fee for providing our Opinion Of Value. If you are thinking about selling or just curious as to what your current value is... we are here to help.
Determining the the value of a Optometry practice by yourself can be very difficult, not to mention, time consuming and stressful. Having sold practices that range from 50% to 150% of collections, there are many factors to consider, including: Financial Analysis, Collections Sources, Production Mix, Demographic and Economic factors to name a few.
Our Transition Advisor Team has worked with hundreds of dentists and are fully knowledgeable when it comes to valuing GP, Pedo, Ortho, Specialty and Group Practices.
Items We'll Needed To Complete Our Analysis
- 1ST MED PRACTICE PROFILE
- PRACTICE MANAGEMENT REPORTS
- LAST 3 YEARS FILED TAX RETURNS OR FINANCIALS
- MOST RECENT YEAR-TO-DATE FINANCIALS (P&L)
Knowing your current practice value is important in securing and keeping a record of your assets. We are completely transparent in our process, showing you exactly how we determine the value. We often talk to our potential seller's about ways they can improve their practice to get a better price!
Have Questions... Optometry Practice Valuation Experts are available, Call Us: (800) 815-0590.