Our Blog
A New Way To Buy & Sell Optometry Practices
The old way of buying and selling a practice was full of uncertainty, headaches, and exorbitant costs. Instead of speaking with potential buyers or sellers, everyone was busy chasing after the appraisers, lawyers, brokers, and consultants. At Optometric Transaction Consultants, we leveraged our combined 75 years of experience to create a new paradigm for buying and selling a practice.
Our Methodology
- Facilitate 100% financing allowing more new graduates the chance to buy, and creating a bigger market for your practice.
- One point of contact for every activity involved with buying and selling a practice.
- World class legal team allowing the buyer and seller rest assured that everything is completely above board.
- Success consulting included enabling the buyer and the seller to get the most out of the transaction.
A New Way To Buy & Sell A Practice
The old way of buying and selling a practice was full of uncertainty, headaches, and exorbitant costs. Instead of speaking with potential buyers or sellers, everyone was busy chasing after the appraisers, lawyers, brokers, and consultants. At Optometric Transaction Consultants, we leveraged our combined 75 years of experience to create a new paradigm for buying and selling a practice.
Our Methodology
- Facilitate 100% financing allowing more new graduates the chance to buy, and creating a bigger market for your practice.
- One point of contact for every activity involved with buying and selling a practice.
- World class legal team allowing the buyer and seller rest assured that everything is completely above board.
- Success consulting included enabling the buyer and the seller to get the most out of the transaction.
Over 75 Years Of Combined Experience
- 21 years of law experience as business law representing companies from family-owned small businesses to Fortune 50 Companies.
- Experience establishing and operating a modern private practice with over $1 million annual gross.
- Serving the Midwest and Tri-state area of Illinois, Indiana, and Kentucky
Owning Your Own Optometry Practice Has Never Been Easier
100% Financing
Owning Became Possible
Our relationship with some leading banks has enabled us to offer 100% financing on Optometrist owned purchases of a new practice.
One Stop Brokerage
Owning Became Easier
To purchase your new practice you have one team that walks you through every step from scouting practices, to valuations, legal, financing and post-sale consultation.
Success Coaching
Owning Became Successful
The first two years our team of practice management consultants will help you set up a successful private practice.
Selling Your Practice Has Never Been Simpler
More Buyers
Less Risk, More Buyers
By offering 100% financing to buyers we minimize risks traditionally taken on by the seller and bring in more buyers who were blocked from buying a practice
Full Service
Fair evaluations experienced legal team
Rest assured that our expert team will provide the highest caliber care every step of the way; improving your evaluation, finding sellers, financing, contracts and legal.
Fast And Ethical
A Caring Team
Optometric Transaction Consultants is a team of experienced and caring professionals that saw the need for a more opaque and easy process for practice sales and acquisitions.
OTC Provides Greater Value Than Other Brokers Can Offer:
- Unlike most brokers, we are optometrists with over fifty years of combined experience owning, operating, buying and selling optometric practices.
- Appraisal services – OTC will determine the genuine dollar value of your practice based upon OTC’s unique valuation techniques that are based on proven experience.
- Management consulting – Representing Sellers, OTC will provide management consulting services that can increase the sale value of your practice. Representing Buyers, OTC will provide management consulting services for one year that has proven to increase the revenue and profitability of the practice after closing.
- Not all medical professions or practices are the same, and they cannot be treated the same way. We specialize exclusively in optometric practice.
- Our legal team has over twenty years of business law experience including many successful optometric purchase and sale transactions. Our attorneys will save you time and money by completing the transaction in an ethical and efficient manner.
