THIS PRACTICE HAS BEEN SOLD! A rare private practice opportunity in the New York City area that has 40%+ profit margins and room to grow. Thanks to private equity groups buying up private practices coupled with lax state practice ownership regulations, New York state has very little inventory of quality private optometry practices for sale. Don’t miss your chance to become your own boss, earn three times the average OD salary in NY, and achieve professional freedom! This one is not expected to last long.
Established over 30 years ago, this practice has been a staple for eye care serving the surrounding communities. Located on a bustling street a few blocks away from two subway stations in either direction, this practice will always have a high patient demand and walk-in traffic.
The office is over 1,000 square feet, which is quite spacious for metro New York. The relationship with the landlord is excellent with very fair rent price for the area. The layout is comprised of 2 fully equipped exam lanes, pretest room, optical, bathroom, repair lab, storage room, break room, and private office space. The practice has an EMR system and office management software in place with 7 computers networked throughout the office, however, the owner is not yet using the EMR function. Cutting edge equipment includes Optovue OCT, OPTOS Daytona Plus, Humphrey FDT and Perimeter, to name a few.
The retiring owner generates over $750k in revenue working only 35 hours per week with 8 weeks vacation! You could enjoy the same lifestyle and travel the world like the owner, or increase hours and decrease vacation time to grow the practice exponentially. With thousands of patient records on file and appointments booked out a week or more, this practice is poised for continued growth regardless of which path you choose.
This is an affordable turn-key private practice opportunity great for a first-time OD buyer or existing practice owner seeking expansion opportunities. Earn over $300k per year in profit, working only 44 weeks per year on a 5-day per week schedule….no employment position will ever come close to this. Take the leap and it will be the best professional and financial decision of your life!
The retiring 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 email this signed Confidentiality Agreement to erikf@visionarypracticegroup.com​.
