FINDING A BUYER OR SELLER

It can be a daunting task to locate a buyer with your optometry practice for sale. If you are a buyer, it can also be hard to find the right practice to buy. OptiRova can help identify and bring parties together to make the transaction happen. We use many ways of finding buyers and sellers:

Strong internet presence with high visibility

  Networking with professionals and organizations

  Speaking with colleges of optometry

VALUATION

If you are considering selling your optometry practice in the next 2 or 3 years, then you should have a practice appraisal done to estimate the value you will receive when you sell. It is also a great time to look at actions that can make the practice more valuable to both you and potential buyers. OptiRova will:

  Provide a valuation based on multiple models of appraisal

  Determine the value of the current equipment and fixtures of the practice

  Give an estimate of goodwill

PRACTICE ANALYSIS

How does your practice measure up against the common benchmarks? Are you charging enough money for your services? Do you accept managed care plans that are not profitable for the practice? We look at these and other factors to help you build value in the practice. Just a few of the facets of analysis:

  Financial review of your accounting statements

  Review of your retail pricing structures

  Streamlining and simplifying financial reports

ASSISTANCE WITH THE SALES PROCESS

We help both buyers and sellers navigate the sales process from beginning to end. Services include:

Drafting purchase agreements

Evaluating staff performance

Lease evaluations, and many other facets of this complicated process

GUIDANCE AND CONSULTING SERVICES

OptiRova provides consulting and guidance on many of the issues that are common questions among eye care practices, including staffing, dispensing, marketing and finances.

  Staff Manuals

  Hiring/firing guidelines

  Dispensary improvement

  Increased financial performance

VENDOR RECOMMENDATIONS

OptiRova networks with thousands of practices and huge numbers of vendors. Each practice is different and has different needs. Let us help you select the vendors that are the right “fit” for your needs.