California Optometry Practice for Sale – San Jose, CA

California Optometry Practice for Sale – San Jose, CA

THIS PRACTICE HAS SOLD!

Check out this rare high net private optometry practice for sale in San Jose, California located in one of the best communities to live and raise a family as recognized by numerous publications.

This practice generated about $775,000 in 2019 gross collections. 2021 gross collections are trending well over $800,000. As the new owner of this practice, you will make over $375,000 in discretionary income annually! That’s more than 3 times the average OD annual wage for employed ODs in California! All this is achieved with the Owner OD working 28 clinical hours per week. With over 20,000 patient records on file in a growing city, a buyer could expand the clinical schedule, work 36-40 hours per week and grow exponentially.

The community has earned the very rare and coveted A ranking by Niche.com, with some of the higher ranked public and private schools in the state and country. The area has steady job growth and a bustling economy.  With tons of nearby outdoor activities, plentiful healthcare options, population diversity, superb restaurant options, and tons of activities for the whole family, this growing city provides a quality of life that hard to match anywhere else. Some other accolades include: a recent recognition by US News and World Report as the Second Best Place to Live in all of CA; Top 5 Place to Live for Quality of Life in the US; Top 40 Best Place to Live in the entire US; and Top 10 Best Cities for Outdoor Activities….to name a few.

The office is about 1,400 square feet comprised of 2 fully equipped exam lanes, very large open-concept optical showroom, dispensary, and front desk area, storage and break room, and shared bathrooms. The practice converted to EMR over 10 years ago with computers networked throughout the office. Notable equipment includes: Retinal Camera, Humphries VF, Corneal Topographer, Computerized Tonometer, Autorefractor, and more.

The practice has staff and systems in place, making this a true turn-key opportunity. Just take over and continue seeing patients to earn more than three-times the average OD annual salary in CA, or work a normal full-time work week and take less vacation to grow the practice significantly.

This is a rare optometry practice purchase opportunity in California, great for a first-time OD buyer, an existing practice owner seeking expansion opportunities, an institutional buyer or private equity group. Enjoy professional autonomy, control of your schedule, and financial freedom as the new owner of this practice. Practices like this are rare in the San Francisco Bay area, so inquire now before this opportunity goes under offer!

The owner will assist in a smooth transition, which is included in the price.

The practice owner also owns the real estate, which could be separately available for purchase in the future as well.

For more information, including a comprehensive practice appraisal report, please complete our Buyer Registration Form and Confidentiality Agreement​.

 

Features

  • THIS PRACTICE HAS SOLD!
  • 2019 Gross Sales ~ $775,000
  • 2021 Gross Sales – trending over $800,000
  • Discretionary Owner Net Income ~ $375,000+
  • OD Practice Price: $568,690 (includes all equipment, goodwill, tangible assets, and retail inventory).
  • PE Practice Price: $710,000 – $880,000 (this price is for private equity groups)
  • 100% Bank Financing Available
  • Real Estate Future Potential Purchase Opportunity

Reference#: #OD489469CA
Listing Broker: Erik Ferjentsik, MBA
Phone: 877-268-8881 ext: 2
Email: erikf@visionarypracticegroup.com