BUSINESS AND ASSETS SOLD – EYE CARE SECTOR

We are seeking parties interested in the purchase of the business and assets of four optometry practices located in Wales.

Key Features

•	4 practices delivering a full range of optometric Services
•	Long established practices with excellent, professional reputations, trusted in the local community
•	NHS and Private patient services
•	Turnover: YTD (11 months) £996k - 2021 £1.17m - 2020 £873k - 2019 £847k
•	Gross & net profit / (loss): YTD £729k & £210k – 2021 £787k & £123k – 2020
•	£591k & (£20K) – 2019 £591k & 25k
•	Operating from leasehold premises in South Wales

Opportunity

•	Assets available for sale include:
•	Established brand
•	Goodwill
•	Website
•	Equipment
•	Stock
•	Property leases by separate negotiation

Offers

•	Offers are required by 12 noon on 22 November 2022 with a view to completion shortly thereafter
•	All interested parties will be required to sign a non-disclosure agreement

Contact Details

Matthew Parker B.Sc. (Est. Man) MRICS

Cerberus Asset Management

matthew.parker@cerberus-group.com