This turnkey private optometry practice has served the Garden Grove / Orange County community since 1994 and has operated from the same location for approximately 32 years. The practice carries an exceptional 4.9 ★ Google reputation based on 31 reviews AND 4.9★ Yelp Rating from 154 reviews and generated approximately $420,000 in 2023, $487,000 in 2024, and $440,000 in 2025, with three-year average gross revenue of approximately $449,000. Normalized owner cash flow is estimated at approximately $145,000–$175,000 annually. With a long-established patient base, strong historical profitability, experienced staff, low overhead, and no practice debt, equipment loans, liens, or encumbrances, this represents an attractive and highly financeable owner-operated acquisition opportunity in a populated Southern California market.
The practice reports approximately 2,890 active patients seen within the last two years, more than 24,000 total patient records, approximately 2,500 annual patient visits, and an average of 537 new patients per year over the last five years. The office is typically booked approximately one to two weeks in advance, despite having no active patient recall program, creating a meaningful opportunity for a new owner to improve retention and production through systematic recall and reactivation efforts. Patient acquisition currently comes from medical and professional referrals, organic patient referrals, insurance networks, community sources, digital channels, and social media.
The practice provides a broad foundation of care including comprehensive primary eye care, medical eye care, LASIK/PRK/cataract co-management, and optical sales. The established optical component and in-house optical laboratory provide additional revenue opportunities beyond professional exam fees and allow the practice to maintain greater control over eyewear dispensing, finishing, and fulfillment.
The practice participates with a diverse group of vision plans including VSP, EyeMed, Davis Vision, Spectera, Superior Vision, National Vision Administrators (NVA), and Avesis. Medical panels include Medicare and Medicaid / applicable state medical programs, providing the buyer with an established payer infrastructure for both routine and medical eye care.
The owner currently works approximately five clinical and administrative days per week, with no associate OD currently employed. The practice has two full-time staff members with exceptional tenure. The general manager has approximately 26 years with the practice and assists with general management, in-house lab work, frame selection and dispensing, inventory management, and office maintenance. The seller indicates that this employee may assist through the transition but could retire in the near future. The receptionist has approximately nine years of tenure and handles front-desk coverage, insurance verification, contact lens ordering, laboratory order preparation, exam preparation, and eyewear dispensing; the seller expects this employee is likely to remain with the practice. All staff are reported to be at-will employees without employment agreements or non-compete restrictions. The seller is retiring and is willing to remain for approximately three to six months after closing to assist with patient continuity and a smooth ownership transition.
The approximately 828-square-foot office includes one fully equipped exam lane and operates Monday, Tuesday, Thursday, Friday, and Saturday. The latest landlord proposal provides for base rent of approximately $2,240 per month plus $225 in CAM, for a total proposed monthly occupancy cost of approximately $2,465. The proposal includes an initial five-year lease term with an additional three-year renewal option, with no rent increase through December 31, 2027 and 5% annual increases beginning January 1, 2028. Final lease execution and commencement remain subject to landlord confirmation, and a landlord-approved assignment or new buyer lease should be obtained as a condition of closing.
The practice uses a custom-designed FileMaker Pro electronic database and practice management/EHR system developed specifically for the office. The system integrates patient records and demographics, recall-management capabilities, accounting and insurance-payment tracking, frame dispensing, practice communications, prescription printing, payroll support, and state and federal tax-reporting functions. Patient records are maintained electronically in PDF format, and the system is maintained internally with no ongoing software subscription or service fee.
The office includes approximately $39,100 in operating equipment, lab equipment, electronics, software, furniture, and fixtures. Major equipment includes a Reichert phoropter and projector, Topcon slit lamp and BIO, DRS retinal camera, Marco lensometers, Santinelli LEX 1200 edger, Santinelli blocker, BPI tint machine, lens drilling and polishing equipment, and a fully equipped in-house optical lab. The equipment is reported to be free of loans, liens, and other encumbrances and is included with the practice.
Growth opportunities include implementing a formal patient recall and reactivation program, expanding digital marketing beyond the practice’s existing organic referral base, increasing utilization of medical eye-care services, introducing additional specialty and cash-pay services, improving patient scheduling and capacity utilization, and potentially adding provider coverage as demand grows. The practice has maintained approximately 2,500 annual visits and more than 500 new patients per year without an active recall program, highlighting an immediate opportunity for a new owner to better monetize the existing patient database while maintaining the strong reputation built over three decades.
This opportunity is especially well suited for a hands-on owner-operator seeking an established Orange County optometry practice with strong historical cash flow, low occupancy costs, experienced long-term staff, an established optical and in-house lab, debt-free equipment, substantial wholesale inventory, and a highly rated community reputation. At the $325,000 list price, the snapshot valuation estimates normalized owner cash flow of approximately $145,000–$175,000, providing modeled debt-service coverage of approximately 3.13x–3.78x under a fully financed acquisition scenario. Estimated remaining pre-tax owner cash flow after modeled debt service is approximately $99,000–$129,000 annually.
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.
