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Southern Iowa Comprehensive Ophthalmology Solo Practice for Sale. Current owner works 18 hours per week, generating $1.9M. Great Upside Potential!
Location
Iowa, United States
Job Type
Full time
Job Number
1777
Category
Ophthalmology Practice for Sale
Job Description
Southern Iowa Comprehensive Ophthalmology Solo Practice for Sale. Owner generates $1.9M on 18 hours work per week.
Great Opportunity for Growth & Expansion
Our well-established, solo ophthalmology practice in Southern Iowa is available for acquisition.
This practice has been serving a vast 100-mile drawing area for over 32 years, offering comprehensive ophthalmology care. We are a word of mouth referrals practice with 20,000 patient records. We do not advertise.
Practice Highlights
- $1.9M Gross Revenue 2024 – Current owner works 4 half days per week (3 half days in clinic, and one half day per week in surgery)
- 550 cataract surgeries per year is our average.
- 100% Pathology – The incoming owner will see a variety of cases, with opportunity to expand services into Peds, Plastics, and Cornea.
- Room for significant growth.
- 1,500 Injections Annually – Stable, recurring revenue stream.
- 4000 sqft Leased Office with Optical – Fully equipped and efficiently designed workspace.
- ASC, just minutes away.
- Five Experienced Employees – Dedicated staff ready to support a new owner.
- Hard Assets Valued at $500K – Including all necessary equipment to continue operations seamlessly.
Excellent Growth Potential
With the current owner working limited hours (Clinic, Monday, Wednesday, Thursday and surgery on Tuesday mornings), a full-time owner could dramatically increase revenues. Additionally, integrating subspecialties such as Pediatrics, Plastics, and/or Cornea could bolster revenue even further.
This is a rare opportunity to take over a thriving high volume practice with built-in patient demand and immense growth potential. Don't miss your chance to step into a profitable and well-established ophthalmology practice in Southern Iowa!
Financials & Terms
- Revenue, 2024 of $1.9M on 18 hours of work per week.
- Hard Assets of $500K
- Appraised at $1.4M (Approximately 3X EBITDA)
- Asking Price: $1.4M
- Serious Inquiries Only – NDA available for qualified buyers.
Contact Information:
Contact:
For more information regarding this ophthalmology practice for sale, please contact Mr. Basil Morgan at bmorgan@burnsfostereyes.com
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My husband's job in Wisconsin.
I am so grateful that I made a call to OjO (Drew) after finding his website. He brings a wealth of experience in our industry; his sound guidance and support were invaluable in our search for 'the' practice and new place to call home. Drew took time to get to know my husband and I, noting our wishlist items and dealbreakers, extracurricular activities and lifestyle. He connected us with the right people, and we were able to explore several wonderful opportunities we would not have been introduced to had we not reached out to Drew. We are thrilled about our future and can't speak highly enough about OjO!
Thanks Drew.
Drew was excellent to work with! I had never used a recruiter before so wasn't sure what to expect, but he was able to connect me with a wonderful practice that aligns with my values and clinical interested. I really appreciated his kindness and guidance throughout the process and would highly recommend working with him!
Texas Optometrist Happy About My New Job.
I can’t speak highly enough of Drew! easy going, great personality. In a very short time he was able to redirect my profession to what I was looking for, even tho I was initially doubtful. A true profesional in the field. Communication was always fluid and constant. Answered all my question and concerns from the beginning.
Thank you
NC Ophthalmologist Found a New Home!
I hit the jackpot when I was connected with Drew Caldwell! He listened to me, learned my interests and goals for my next career and connected me with outstanding opportunities that I probably never would have found! He was right there through all stages of interview, travel, and final contract signing and was so professional and attentive. He responds immediately and he truly cares for his clients. I could not have hand picked a better recruiter; he is in the job he was meant to do!! Anyone who gets an opportunity to work with him is truly fortunate. I am certain we will remain friends! I am truly thankful.
SC Doc Thanks.
Drew was great to work with! He was very helpful and professional in the process of finding a new job. I was impressed with his attentiveness, taking the time to get to know me and what I valued in a new position. He was friendly and super responsive, even being available to talk on weekends. Highly recommend!
Ophthalmology Practice in TX.
Drew was immensely helpful with our most recent hiring process. He was able to find many qualified applicant that fit our practice needs.
Thanks for Employment Agreement Review.
Drew Caldwell went above and beyond for me when reviewing my future employment contract. He reviewed my contract in a timely manner and was very thorough throughout the entire process. Drew is easily accessible, professional, and competent. He is a great asset to the ophthalmology community. I would 100% use him again, and I am grateful for his valuable assistance during this process. Thank you, Drew!
Thanks!
Most informative website out there, but the best thing is the person behind the site. Drew does an amazing job, is attentive to your needs, one of the rare individuals who cares about you and about excellence of his work. Really has a knack for understanding who you are and how to match you to the right person or job. He's the first place I go when either looking to add a partner or looking for a new job myself.
North Carolina OD Job - Not your typical recruiter.
Drew Caldwell was crucial in assisting with my job search. Drew is more than just your typical recruiter. He takes the time to get to know you on a personal level. The entire process of finding a job is overwhelming. Drew is a calming force that is much needed! He does not hound you for answers, he gives you the time and space you need to make an educated decision about your dream job. He will give you his honest opinion when asked. Drew truly gives his heart and soul into his work. You can tell he cares. I have recommended him to numerous colleagues already. I would trust Drew as your "match maker" whether you are a hiring practice or looking for you dream job!
Grateful in Alaska!
I’m struggling to find the right words to express how grateful I am to have worked with Drew to help me fill our Cornea MD position! Drew takes the time to understand your practice so he can match the right Doc to the right practice. He never wasted my time by sending me candidates that didn’t fit our needs. He truly cares for both the practice and the provider. I highly recommend this company and Drew!
Thanks!
Drew was a tremendous help in putting me in contact with my employer. He listened to what I was looking for and put me in touch with a great practice. He was available all the way through the end of the hiring process.
Good job!
I used OjO to hire an optometrist. It was an off time of year and the pickings seemed slim. Drew was able to get the word out more broadly and efficiently than I ever could and we were able to hire an excellent candidate!
Good Fit
Drew was excellent communicator and only presented us with candidates that were good fits for our practice and i would highly recommend him. His rates are most fair and he actually visited our practice to get a better feel for us and what kind of doctor would work best here.
Very helpful
Drew Caldwell has the inside scoop on practices and was very helpful in providing not only an avenue to a wonderful practice, but also provided useful information to find the right fit for me. Helpful, kind, and professional!
Recommended
Drew is an exceptional person! He is kind, and very knowledgeable in the Ophthalmology field… I highly recommend his services to my peers! Vitreoretinal Surgeon
Great O.D. Recruitment
Drew Caldwell and OjO are the BEST!!!! I have worked with recruiters for over 30 years. The quality of candidates, the details of their backgrounds, the references, all are impeccable. Drew's personal follow-up with me and the candidates is spot on. Plus his placement rates are affordable and client friendly, I STRONGLY recommend Drew and OjO for your recruitment needs. JD
Thank you
Drew helped out tremendously in finding a practice that fit what I was looking for. He works diligently and cares deeply. Thank you for all of the help!
Retina Practice in Houston
Great to work with. Very responsive and professional.
Thanks
Drew was very friendly and helpful throughout the process. He was excellent at following up and coordinating communication with the company and myself. After I signed he even sent a congratulatory note.
Optom in Philly
Drew was great! Made the whole process very easy and manageable
Alaska Job
Drew was a wonderful and patient guide in helping me finding my dream job. Thanks Drew!
A Big Help!
“ Drew worked harder for me than any other recruiter I dealt with (lots) and was more compassionate and understanding than all of them . He coached me well and was a great motivator. I can’t say enough about him, and he helped me more than he can ever know. He is excellent at what he does. “
Couldn't Be Happier!
I highly recommend working with Drew! He helped place me with a practice that is a perfect fit for me. He was very professional, responsive and easy to work with. I could not be happier with his service!
Remarkable Help!
Drew is remarkable. He represented the perfect Ophthalmologist to take over my practice. He called and interviewed me to see if our values and expectations were a fit. They were! He facilitated our transition at every step. In the recent weeks, I have recommended him to both family and friends for his expertise, knowledge, and skills.
Glaucoma Recruitment
Our practice was was searching for a glaucoma specialist and Drew was able to connect us with a fantastic physician. The communication that Drew provides between the physician and our practice far exceeds other recruiters. The physician has been a great addition to the practice and we will definitely use OJO in the future!
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