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Purchasing A Practice: What Should A Buyer Ask The Seller?

By Jerry Hayes OD | in
  • article discussions
| 9/29/2010 - 2:34 pm

Hi Dr. Hayes,

I have been working for other OD’s since I graduated from optometry school ten years ago but am now ready to go out on my own.  

I just started talking to a senior doctor in solo practice who will gross about $700,000 this year.    

What would be the top 5-10 questions you would want answered by the current owner if you were going to purchase a practice?

Thanks in advance, I look forward to your reply.

Lance Keeland, OD (name changed) 

Dear Dr. Keeland,  

First off, congratulations on your decision and best of luck with your practice hunting.  

Here are just a few of the questions and observations I would consider if I were in your shoes:



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