Here we have an extremely high gross optometry practice for sale in California. Take a look at all the other optometry practices for sale in the country and you won’t find any other in which you can purchase a practice grossing $2,000,000 per year priced at less than $1,000,000! Discretionary Net Income averages around $350,000 per year but can significantly grow by making a few easy changes to the practice, which we can advise on. For example, a buyer comfortable seeing around 20 patients per day could increase their discretionary net income to over $550,000! Revenues grew 9% from 2023 to 2024. This is a rare opportunity to buy an optometry practice in one of the best places to live and work in CA and the US for a very affordable price, especially when compared to revenues.
San Mateo County, California offers an exceptional environment for owning a business and enjoying a high quality of life. Nestled between San Francisco and Silicon Valley, the county provides access to a thriving economy, a highly educated workforce, and a culture of innovation driven by its proximity to world-renowned tech companies. Business owners benefit from a strong local consumer base, diverse industries ranging from biotech to tourism, and supportive infrastructure. Beyond business, San Mateo County boasts stunning coastal views, redwood forests, top-tier schools, and a strong sense of community—making it a place where professional ambitions and personal well-being can thrive in harmony. San Mateo County earned a very rare and coveted A+ grade by Niche.com, including accolades such as #2 best county for young professionals, #3 best county to live in CA and top 100 in the US, and #4 healthiest county in CA and #7 in the US. Icing on the cake…the extraordinarily nice weather!
The meticulously decorated optometry office was custom-built/remodeled just 2 years ago, which is extremely rare for a practice owner later in their career as an owner. No expense was spared at keeping this practice modern and sleek. It’s located on the ground floor of a professional complex with complimentary neighboring tenants who help bring in patient traffic and enhance exposure. The office layout includes an open-concept optical showroom and dispensary tied in with the front desk area, 2 fully equipped exam lanes, separate dispensing room, pre-test area, CL training area, private business office, repair lab, break area, large storage room, and more. The practice converted to EMR over 10 years ago with computers networked throughout the office. This practice also has an impressive inventory of over 1,000 frames as well as newer cutting-edge medical equipment, including an Optos that is fully paid-off and will transfer to the buyer along with all other equipment and assets.
The practice has many 5-star patient reviews and a strong online presence. All systems are in place, making this a true “turnkey” opportunity. Just take over seeing patients full-time and enjoy the benefits and prosperity that practice ownership affords. Significant growth and cost-cutting opportunities exist to drastically increase net income. The best part, you don’t have to pay the high price you normally would if these improvements were already implemented. The bank will finance 100% of the purchase price and the practice income will pay off the loan, leaving you with more income after-debt than you can earn as an employed OD. It’s a no-brainer! With appointments booked out months, over 30,000 patient records on file, strong growth from 2023-2024, and an ever-growing local economy and population – this mainstay practice is undoubtedly going to continue to grow and deliver into the future.
This represents a unique opportunity to buy a high gross optometry practice in California, which doesn’t come around often, especially in the San Fransisco Bay area.Top of Form This practice purchase is suitable for a first-time optometrist 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.