OptiRova - Professional Practices for Sale

OptiRova offers a wide range of services to the Eye Care Industry. Our primary focus is on the areas listed below.

1. 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 man

y ways of finding buyers and sellers:

Strong internet presence with high visibility
Networking with professionals and organizations
Speaking with colleges of optometry

2. 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

3. Practice Analysis. How does your practice measure up against the common benchmarks? Are your 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

4. 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.

5. 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

6. 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.