Tennessee, Tennessee, there ain’t no place I’d rather be! Check out this turn-key optometry practice for sale in Tennessee at a discounted price! Located in Memphis, this optometry practice generates $1,100,000 in revenues with a full-time owner operator earning over $600,000 per year in discretionary net income! If you don’t want to work full-time, you can have an associate work part-time and still bring in over half a million dollars per year. The profitability of this practice is higher than most practices around the country! Retire early, buy a vacation home, pay off those school loans, build yourself a mansion….the possibilities are endless when making this much annual income from owning a private optometry practice. There’s really no other opportunity out there where you could pay off the entire cost to buy a practice in less than 1.5 years’ worth of discretionary income. The practice appraises at $1,033,584. Your price is almost $200,000 less than the appraised value. This is rare, so don’t drag your feet on this one as it’s not expected to stay on the market long.
Owning and operating an optometry practice in Memphis, Tennessee offers a dynamic blend of opportunity, culture, and affordability. With its strategic location along the Mississippi River and proximity to major highways and railroads, Memphis serves as a major logistics and distribution hub—ideal for entrepreneurs and business owners. The city boasts a low cost of living and competitive real estate market, making it easier to sustain a business at profit levels much higher than high cost of living areas. As you can see the profitability of this practice is astounding especially when compared to other metro practices. Additionally, Memphis has a rich cultural identity, from its legendary music scene to its diverse culinary traditions, creating a vibrant atmosphere that attracts both talent, tourism, and patrons. Paired with a growing startup community and supportive local initiatives, Memphis provides a fertile ground for innovation and long-term business success. Icing on the cake….no state income tax!
The office occupies more than 1,300 square feet with two recent remodels/updates. The practice layout includes an open-concept optical showroom, dispensary and front desk; 2 fully equipped exam lanes; private doctor’s office; staff office and break area; edging and finishing lab, patient bathroom, private/staff bathroom; and more. The practice converted to an EMR software system over 15 years ago with computers networked throughout the office. This practice also has a nice selection of frames as well as relatively newer medical and office equipment compared to most practices on the market, including: Zeiss Clarus 500 Fundus Camera (ultra wide); Humphrey VF; Cirrus OCT; Nidek Digital Phoropter; Nidek autorefractors; Digital Camera; new computers, and more.
The practice has a strong online presence with many 5-star Google reviews on record. All equipment, computers, operational systems and staff are in place, making this a true “turnkey” opportunity. Just take over seeing patients full-time to earn $600,000 annually in take-home income as the successor. Or work part-time and still earn $500,000 or more per year. With over 26,000 patient records on file and an excellent reputation serving the community, this practice will continue to thrive. Don’t miss this amazing opportunity to propel yourself into a financial class most dream of, but never have the opportunity to achieve.
This practice purchase is suitable for a first-time OD buyer, an existing practice owner seeking to acquire another practice, 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.