Optometry Practice in Coventry West Midlands Up for Sale, Established Post-WW2, No Competition

Description

An established optometry business located in Coventry, West Midlands, with origins dating back to the post Second World War period. The current owner has operated the business for approximately 31 years. Positioned on a main road, the practice benefits from strong visibility and serves a diverse patient base. There is no direct competition within the immediate area. The sale includes fixtures and fittings, and the business is MECs registered, offering potential for service expansion and differentiation. Updated equipment is recommended to support future growth.Stock will be sold separately at valuation and is currently estimated at £4,500. The business generates an annual turnover of approximately £60,000. Operations are currently limited to Thursday, Friday and Saturday mornings, with full appointment schedules and no reliance on advertising or reminder systems. The team includes one part time receptionist.The practice has built a strong reputation and is offered for sale primarily based on goodwill. This opportunity is well suited to an individual seeking independence from larger optical groups. There is significant scope to enhance operations through digital marketing, patient reminders and online engagement.The sale is motivated by retirement. The freehold is offered at £12,000 and goodwill at £45,000, with the latter open to negotiation. The current owner is prepared to assist during the transition period to ensure continuity.Further information is available upon request.