Buying An Existing Optometry Practice -
: Analyze key performance indicators (KPIs) like revenue per exam and "Goodwill"—the potential income expected from patient loyalty.
: Request three years of financial statements , including P&L statements, balance sheets, and tax returns. buying an existing optometry practice
: Banks are often more willing to finance acquisitions because they can evaluate the practice’s actual financial track record rather than projections. Essential Due Diligence : Analyze key performance indicators (KPIs) like revenue
: The sale typically includes essential diagnostic equipment, optical inventory, furniture, and established relationships with labs and referral networks. including P&L statements
Before signing a Letter of Intent (LOI) , you must perform "homework" to uncover potential risks and determine a fair price.