Want to own a financeable, 4.4 ★ based on 41+ Google reviews, long-established private optometry practice in the Bay Area with stable collections, loyal patients, experienced staff, and clear clinical growth upside? This established full-scope optometry practice has generated approximately $620K–$690K in annual gross collections, with estimated adjusted owner cash flow / SDE of approximately $185K–$205K. The practice is structured as Goodwill + Inventory, and is positioned to support strong bank approval, eliminate appraisal risk, and preserve meaningful post-debt cash flow for a buyer.
This practice has served its local market for over 24+ years and benefits from a strong community reputation, long-standing patient relationships, and multigenerational patient loyalty. The practice serves approximately 4,251 active patients seen in the last two years and produces approximately 2,230 annual patient visits with approximately 338 new patients per year. The practice is typically booked approximately 1–2 weeks out, with longer booking lead times from October through January.
The office is a full-scope private optometry practice with optical, offering comprehensive primary care, medical eye care, LASIK/PRK/cataract co-management, specialty contact lenses including scleral, hybrid, keratoconus, and post-surgical fits, and optical sales. The practice participates with VSP and EyeMed on the vision side, along with Blue Cross Blue Shield, UnitedHealthcare, Aetna, and Cigna on the medical side, creating strong patient access and a diversified payer base.
The practice currently operates Tuesday through Saturday, with weekday hours from approximately 9:00 AM–5:30 PM and Saturday hours from approximately 8:00 AM–1:00 PM. The two owner ODs each work the equivalent of approximately 2.5 clinical days per week, and there are currently no associate ODs. One seller plans to retire after the sale, while the other seller is willing to remain for approximately 3 years to help support a smooth transition if the buyer is agreeable
The practice includes 1 fully equipped exam lane with potential for 2 exam lanes with a well-maintained clinical equipment package, including Topcon 3D OCT / Maestro 2 retinal camera, Topcon KR 800 autorefractor, Topcon CL-300P automated lensometer, Micromedics PalmScan visual field analyzer, Zeiss Humphrey Matrix, Topcon CV 5000 automated phoropter, Diaton non-contact tonometer & more. Estimated current equipment value is approximately $80.6K, supporting a turnkey transition and continuity of care. EHR = CompuLink.
The optical has a polished, professional presentation with quality frame displays, an established optical sales process, and experienced optical staff. The practice has historically emphasized quality products and service, creating a loyal patient base that values thorough care and high-touch optical support.
The staffing model is experienced and stable, with 3 full-time staff members and no part-time or per-diem staff. Key roles include a front office / inventory lead, lead optician, and lab / backup optician support. Staff are at-will with no employment contracts, and the team provides continuity across front desk, inventory, optical sales, lab coordination, billing, accounts receivable, and patient service.
The practice operates from an approximately 1,362 sq. ft. facility with current rent of approximately $3,870/month plus CAM of approximately $948/month. The lease runs through January 31, 2028, with prior renewal terms typically structured around 5-year extensions. The space underwent a full remodel in 2016, including cabinetry, flooring, lighting, and paint, creating a clean and professional patient-facing environment.
Growth opportunities include adding associate OD coverage, expanding clinical capacity beyond the current owner schedule, increasing medical eye care services, developing a dry eye clinic, adding myopia management, expanding specialty contact lens services, marketing anterior segment disease management, improving recall and reactivation systems, increasing digital marketing, and further optimizing optical capture rate. The practice has performed specialty contact lens and medical care as needed, but has not made these services a major growth priority, creating meaningful upside for a clinically motivated buyer.
With stable collections, a strong 4.4-star Google reputation, a large loyal patient base, experienced staff, established optical revenue, high-quality equipment, and meaningful expansion upside through medical eye care, dry eye, myopia management, and specialty contact lenses, this is an attractive acquisition opportunity for a buyer seeking an established East Bay Northern California optometry platform with immediate cash flow and long-term organic growth potential.
100% Bank Financing Available for qualified buyers through conventional lenders.
For more information, including a comprehensive practice appraisal report and detailed financial package, please complete our Buyer Registration Form and Confidentiality Agreement.
