Knowledge is power. You can not grow what you can not measure. Upon completion of your valuation, you will not only know the value of your practice, but you will also understand what aspects of your business drive value and what you can do to increase value. Once your valuation report has been finalized, we will walk you through as much or as little of your results as you wish. Perhaps you want to have your CPA, partner or attorney on the call as we go over the results… no problem! With your permission, we will explain things so you don’t have to.
Typical valuation turnaround time is anywhere from 5 to 7 business days. Rush requests are available.
Why Should I Undergo the Valuation Process?
There are many reasons to have your practice valued, including:
- Mergers and acquisitions
- Sales and divestitures
- Buy/sell agreements
- Shareholder transactions
- Capital infusions
- Employee Stock Ownership Plans (ESOPs)
- Employee benefit plans
- Estate planning and taxation
- Gift taxes
- Solvency opinions
- Insolvency opinions
- Collateral valuations
- Determination of net operating loss in bankruptcy
- Determination of liquidation value in bankruptcy
- Banks—loan applications
- Eminent domain proceedings
- Marital dissolution
PECAA Member Benefits
- 20% discount for first time valuation services
- 30% discount for annual valuation updates
- Free P&L analysis and EBITDA calculation
Start Your Optometry Practice Appraisal
Get your free, no obligation quote today!
Getting started with a valuation is simple and only requires your business tax returns as well as for you to complete anelectronic questionnaire. We’ll take it from there.
Because we want to understand your business and its nuances, some communication will be necessary before the final report is issued.
Meet Your Certified Valuation Analyst
Tyler Judkins, CVA
Before transitioning to the optometric industry, Tyler spent 15 years in commercial finance. He has reviewed, analyzed, and underwritten all types of products for hundreds of businesses. He began his career in the optometric industry as a business advisor for the Professional Eye Care Associates of America (PECAA). As a business advisor, Tyler met with hundreds of OD’s to consult and educate them in areas related to business finance (including valuations).
Meeting the qualifications required to be a Certified Valuation Analyst (CVA) with the National Association of Certified Valuators and Analysts and having passed the proctored exam, you can be rest assured that your valuation is in good hands.
Tyler received his BA degree in finance (with a minor in Spanish) from Weber State University (Utah). He has been married to his wife Sara since August 11, 2000. They have four amazing boys; Gabe (2002), Jed (2004), Drake (2007), and Dax (2014).
“Tyler provided invaluable business guidance to hundreds of PECAA Members during his time as a PECAA Member Business Advisor. I am delighted that Tyler and OPV are now valued vendor partners. Tyler is honest, candid and will provide an accurate assessment of what is likely your most valuable asset – your practice.“
– Jamie Hughes, Senior Vice President & General Manager | PECAA
“Our practice has two locations. After working with our CFO, Tyler was able to do a full analysis of each location and let us know the value of each. In addition to completing our valuation, Tyler was able to provide valuable guidance related to various pivotal business decisions we have made over the years.“
– Cameran Drake, OD & Jenni Drake, OD | 3D Vision Eye Care
“Tyler was very responsive to my request for an updated practice valuation. Upon completion, he took the time to walk me through the numbers which helped me to have a better understanding of the overall picture. In turn, I was able to learn what things help to create value.“
– Lanny DuClos, OD | Eye Health Professionals