A popular misconception is that that value of an optical practice is somehow related to the annual sales turnover.
What we can say, for example, is that a practice with sales turnover of £350,000 is likely to be valued at something between £1 and £½ m.
The exact figure is a function many variables that need to be analysed including the profit and loss accounts and balance sheets for several years, the local demand for optical services, competitive pressures, the look and feel of the practice, the equipment and the state of the Economy.
The practice valuation service is ideal for:
- Sale or purchase of a practice
- Forming a Limited Company
- Compulsory Purchase
- Business Planning and more
A Valuation is £750 plus VAT