Company Overview
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
2025 (Annualized) Rev: 4,847,592; EBITDA 660,249
2026 (Projected) Rev. 5,486,680; EBITDA 1,076,701
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)
