THIS PRACTICE HAS SOLD!
Take a look at this incredible opportunity to own a high gross, high net private mobile optometry business fully staffed with long-term contracted clients in place. To clarify, this is not an optometry business operating out of an RV. Rather, this is a business with fixed and stationary corporate/institutional clients who need optometrists to come to their facility and service patients. The business is set up with existing ODs on the schedule who have historically serviced said contracted clients . The practice generates on average over $2M in gross revenues, which generates its owner over $500,000 in discretionary net income!
The institutional clients serviced are loyal and contracted, most of which have been on auto-renew for many years.  New clients have been added recently showing strong growth in 2022 and that continued growth opportunities are evident! The business is fully staffed with loyal optometrists around the country on scheduled to regularly service the institutional clients. You can elect to pick up some of the accounts nearby to where you live (if applicable) and service those clients/patients to lower your wage costs and increase your income. Or you can simply rely on the existing staff to service the clients’ needs. The business operates on autopilot with a few admin staff supporting operations and scheduling. The staff are expected to stay on as your employees assuming you offer them the same wage structure and terms. The seller OD will also agree to continue servicing the facilities clinically as he has historically for a fair market wage which is already factored into the practice appraisal. Everything administrative can be handled remotely. There is no rent expense, complex insurance billing, or any of the other hoopla involved in running a brick-and-mortar practice. What a great passive income opportunity that you really can’t find on the market…maybe once every few decades!
If you’re sick of the daily grind of spinning dials, or simply wish to acquire an optometry business that will add considerable cash flows to your annual income…this is the opportunity for you. We have a lender lined up and ready to finance 100% of the transaction for qualified candidates. If you have a credit score over 680 and at least two-years’ experience working as an optometrist, you should qualify for financing with no down payment required. Note, the bank will only lend to buyers who already own a successful brick and mortar practice, which is non-negotiable. If you don’t own a practice already, please note as such when you inquire and you will be put on a reserve list, but we will only be focusing on buyers who qualify for lending at the moment.
This business requires very little in the way of capital expenditures. All equipment needed is minimal and already in place. Additionally, all staff are in place and contracted. Simply take over as the new owner, with the help of the current owner who will support a successful transition in whatever capacity you require. This is a fully turn-key business ripe and ready for the next generation to take the reins and reap the financial, professional, and lifestyle rewards from owning a high cash-flowing optometry practice. The owner can explain to you the wonderful life this practice has afforded him.
This is truly a very rare opportunity to buy a successful long-standing mobile optometry practice that will immediately add around $500,000+ to your annual income. Best of all, the bank will buy it for you, with no down payment necessary! This opportunity is suitable for an existing practice owner seeking expansion opportunities, an institutional buyer, or a private equity group. Inquire now, before this amazing cash flowing opportunity is off the market.
The owner 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​.
