BUY AN OPTOMETRIC PRACTICE

Deciding whether or not to buy an existing practice can be one of the most important career decisions made by a practitioner. Business ownership can offer control of time, increased financial gain, and the opportunity to exercise a personal style of practice in a location of your choosing. Finding the right fit requires more than simply purchasing a business with positive cash flow. Finding the right fit requires the ability to view the practice from several distinct perspectives.  First and foremost, it is necessary to determine if the practice in question is a healthy business. Are the business systems in the practice current and effective? Is the staff willing to continue under new leadership and if so do they have the right knowledge, skill set, and abilities to change and grow with the vision of the new owner? Are the location and facility conducive to future growth and expansion? What is the projected salary that a buyer can expect to earn after paying the operational overhead and loan to purchase the practice? Most important, can the buyer maintain the practice status and develop the potential for future practice growth?

Business Evaluation Services and Appraisal

Apex Solutions, LLC appraisers and evaluation experts have a minimum of 20 years of experience in the healthcare field. Utilizing a standardized, discipline-specific software program and an on-site inspection of the practice, our experts can make buyers aware of potential pitfalls in the business. Our evaluation can highlight the positive and negative aspects of the practice that you are purchasing. We offer both buyer evaluation services and standard USPAP compliant appraisals. To obtain a copy of the application for of either of these services, visit the FORMS page of our website.

Buyer Consulting

First time buyers are often at a disadvantage when purchasing from a Seller who has experience purchasing or selling a practice. Our experts have participated in hundreds of sales transactions and can help buyers bridge the knowledge and experience gap. Our brokers can negotiate price and terms on behalf of the buyer, provide draft documentation for attorney review, assist the buyer in conducting due diligence, and provide buyer/seller transition consulting services upon request.