Wow! What an opportunity to buy an optometry practice in the Seattle area with very high gross revenues and high net income. This turn-key private practice, with two locations, generated $2,336,288 in gross revenue in 2023, which would bring a buyer working full-time as an OD $700,000+ in annual discretionary net income. What a rare investment this could be to secure for your future! Revenues grew 4% from 2022 to 2023 showing a current upward trend, ready for the next owner to take over and enjoy continued growth and success. The year-to-date 2024 financials show normalized annual revenue trending towards $3MM, which are not accounted for in the appraisal or price, meaning the practice is significantly underpriced!
Seattle’s vibrant economy, driven by tech giants like Amazon and Microsoft, provides fertile ground for business owners, with access to a skilled workforce and cutting-edge innovation. The city’s commitment to sustainability and its robust infrastructure support business growth and resilience. Beyond the economic benefits, Seattle’s stunning natural surroundings, including mountains, forests, and waterways, offer an exceptional quality of life. The city’s diverse cultural scene, renowned culinary offerings, and progressive values make it an attractive place to live and work, fostering both personal and professional fulfillment.
Both offices have multiple exam lanes, plenty of square footage and have been kept up to date, including being fully EHR converted with computers networked throughout.
The practice has a strong online presence with many 5-star Google reviews on record. All systems are in place, making this a true “turnkey” opportunity. Just take over seeing patients full-time and earn $700,000 annually! Appointments are booked out for week! With thousands of patient records on file and revenues trending toward $3 Million this year, this practice will surely continue to thrive and provide its new owner great financial success long into the future.
This represents a unique opportunity to buy a successful private optometry practice in Washington State and the Seattle area. This practice purchase is suitable for a first-time OD buyer, OD partners, an existing practice owner seeking expansion, an institutional buyer, or a private equity group. Associate ODs are expected to stay on as needed. 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.
