$4.9M Rev Ophthalmology & Optometry Practice, CA

CAMD1A - $4.9 Million Revenue Ophthalmology & Optometry Practice in California

Company Overview
Broker is pleased to exclusively introduce an established, full-service Ophthalmology and Optometry practice for sale in California providing advanced eye care, including laser-assisted cataract surgery. The practice operates on an absentee ownership model, supported by a strong management team and long-tenured staff.

Ownership seeks to divest the business and is open to reasonable offers. The seller will remain for a transition period to ensure continuity.

Investment Highlights
• Semi-Absentee Operation: Day-to-day operations managed by experienced staff.
• Large Patient Base: Over 37,000 active patients with strong referral networks.
• Diverse Payer Mix: Contracts include Medicare, BCBS, VSP, Cigna, SCFHP, and private pay.
• Operational Efficiency: Lean cost structure following reductions in marketing and scribe expenses.
• Growth Upside: Newly hired cataract surgeon nearing full productivity.
• Prime Facilities: Two locations totaling 9,630 sq. ft., both under flexible leases.
• Strong Retention: Average staff tenure of 11 years; all expected to remain.

Financial Snapshot

Facilities
Main Office: 8,330 sq. ft. (auto-renewing annual lease), $24,617/month
Satellite Office: 1,300 sq. ft. (2.5 years remaining), $3,901/month
Staff Composition
• 5 Physicians
• 2 Opticians
• 7 Clinical Technicians
• 4 Front Office Staff
• 1 Practice Manager
• 1 Revenue Cycle/Collections Specialist
• 3 Back Office Staff

Asking Price
The asking price for this opportunity is $3.6 million.(Excludes cash, receivables, and working capital)