California Optometry Practice for Sale – Alameda County, CA

California Optometry Practice for Sale – Alameda County, CA

Attention optometrists looking to buy an optometry practice in the San Francisco, California area…this is the opportunity you’ve been waiting for. This sleek and modern private optometry practice for sale in Alameda County, CA has 2023 gross revenues over $965,000, and owner discretionary net income over $355,000. Revenues grew 21% from 2022 to 2023. The price is affordable for most all first-time optometrist practice buyers and the practice will provide you with plenty of cash flow to enjoy a well-off lifestyle and thrive as a business owner and resident in this desirable area to live and work.

Alameda County, CA has earned the rare and coveted A+ grade by Niche.com with perfectly rated public schools, nightlife, and diversity. Niche also gives the area an A+ for “place to raise a family.”  The community presents a dynamic blend of advantages for living and business operations. It stands out for its diverse and resilient economy, strategic location with access to global markets through the Port of Oakland and major airports, and a highly educated workforce enriched by top-tier institutions like UC Berkeley. The county is a nexus of innovation, supported by a range of accelerators and incubators, and boasts a high quality of life with its scenic landscapes and mild climate. Cultural diversity, a commitment to sustainability, and a supportive business environment further underscore its appeal. This unique combination of connectivity, innovation, and community support, alongside a rich cultural tapestry and commitment to green initiatives, makes Alameda County an attractive destination for entrepreneurs and businesses seeking growth and a vibrant community lifestyle.

The modern office was recently renovated with new equipment, flooring, furnishings, and more. It’s located on the ground floor of a retail center with window frontage and complimentary neighboring tenants who help bring in patient traffic and exposure. The office layout includes an open-concept optical showroom and dispensary tied in with the front desk area, 2 fully equipped exam lanes; pre-test room, CL storage and repair lab, OCT/HVF room, restroom, and storage room. The practice converted to EMR about 10 years ago with computers networked throughout the office. This practice also has an impressive inventory of frames as well as relatively newer cutting-edge medical equipment. Some notable pieces of equipment include: OCT, Humphrey Visual Field, Retinal Camera, Auto phoropters, Oculus Keratograph, Topographer and Meibographer, Dry Eye Equipment, and more.

The practice has a superb online presence with well over two-hundred 5-star patient reviews. All systems are in place, making this a true “turnkey” opportunity. Just take over seeing patients full-time and earn close to $360,000 annually or more if you continue to grow the practice. That’s 3-times what typical employed ODs are earning. As the owner of this practice, you’ll be doing the same job as you do now – treating patients. The staff combined with outsourced solutions can manage the business operations for you…so what are you waiting for? Why are you continuing to earn around $120,000 per year while struggling to pay off your school loans and live a fruitful life? This is your chance to triple your income! With appointments booked out, over 36,000 patient records on file, strong growth in 2023, and an ever-growing local economy and population – this practice is undoubtedly set to expand and prosper well into the future.

This represents a unique opportunity to acquire a high gross, high net private optometry practice in California, which doesn’t come around often in the San Francisco Bay area. This practice purchase is suitable for a first-time OD buyer, an existing 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!

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​.

 

Features

  • 2023 Gross Sales: $967,000
  • 2023 Discretionary Owner Net Income: $359,000 
  • OD Practice Price: $732,341 (includes all equipment, goodwill, tangible assets, and retail inventory).
  • Private Equity Price: $961,046 – $1,174,612
  • 100% Bank Financing Available 

Reference#: #OD489497CA
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com