This is what you’ve been waiting for, an affordable private turn-key optometry practice for sale in Bergen County, New Jersey just a stone’s throw from Manhattan, NYC. The practice has gross revenues over $700,000 with $300,000 in owner’s discretionary net income. In other words, you would make $300,000 per year ($320,000 with rebates) as the buyer of this practice assuming no growth. The current owner OD only works 4.5 days per week. If you’re ambitious, you can add a half-day and/or see more patients per day to increase gross and net even more. You also have the option to buy the real estate along with the practice to secure your long-term future and earn equity in another valuable asset versus wasting money on rent.
The locale is highly sought after with numerous public transportation options and easy commuting access to NYC and other popular destinations. The community gets an A grade on Niche.com labeling it “one of the best places to live in NJ” with some of the highest rated school systems in State and the County. The area is often recognized for its high quality of life, offering residents access to top quality healthcare, cultural amenities, recreational opportunities, and a strong sense of community with plentiful options for family entertainment. The county has a diverse economy, with a strong presence of industries such as healthcare, finance, education, and technology with a highly educated workforce.
The practice is located in a beautiful and quaint building on a main thoroughfare in town on the ground floor with ample amounts of off-street private parking. The layout of the office includes a reception area and open concept optical showroom and dispensing area, 2 exam lanes, Lab with edger, pre-exam testing room, and storage area. This office converted to EMR a while ago and has computers networked throughout the office.
The practice has an excellent online presence with many 5-star patient reviews. All systems are in place, making this a true “turnkey” opportunity. Just take over seeing patients 4.5 days per week to earn $320,000 or more annually. Or grow the practice further and make substantially more. With appointments booked out, thousands of patient records on file, and a bustling local economy with growing population…there is no doubt this practice will continue to thrive long into the future.
Why continue making just over $100k to work for someone else while struggling to pay your school loans and cost of living? This is a no-brainer opportunity to triple your income by buying a successful private optometry practice in a highly rated suburb of Bergen County, New Jersey. And the bank will finance the entire transaction!
This practice purchase is suitable for a first-time optometrist buyer, an existing optometrist practice owner seeking expansion, an institutional buyer, or a private equity group. Enjoy professional and clinical autonomy, control of your own schedule, and financial freedom as the new owner of this practice. Contact us now for more information.
The seller OD will assist in a smooth transition, which is included in the price.
For more information, including a comprehensive practice appraisal report, please complete our Buyer Registration Form and Confidentiality Agreement.
