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Ophthalmology Practice for Sale | South Florida

Hallandale Beach, Broward County, Florida, US
Asking Price:
$268,000 Furniture / Fixtures included
Sales Revenue:
$453,770
Cash Flow:
$161,770

Established Ophthalmology Practice | Prime Retail Location | South Florida

Well-established ophthalmology practice located in a prime storefront at the base of a high-traffic medical building in Hallandale Beach, serving the community for over 30 years with a loyal and diverse patient base.

The practice offers comprehensive eye care including medical exams, cataract surgeries, glaucoma, diabetic eye disease, and dry eye treatment. Cataract services are a key strength, with a high percentage of patients electing premium IOL upgrades.

Currently operating on a part-time schedule (4 days/week, 9:30 AM – 4:00 PM), the practice presents an immediate opportunity to expand hours and increase patient volume.

Additional growth opportunities include: 1) Reopening a large, built-out optical space, Expanding referral relationships and surgical volume, Increasing ancillary services.

Fully equipped with three exam lanes, diagnostic equipment, and a leading ophthalmology-specific EMR system with electronic records, plus an on-site server.

Ideal for an ophthalmologist, group, or investor seeking a turnkey practice with strong upside in a prime South Florida location.

The current physician is open to a customized transition period to support continuity and growth, with details tailored to the buyer’s vision and operational goals.

Property Information

Real Estate:

Lease

Premises Details:

1,720 square feet. 5 rooms (3 exam rooms and 2 rooms with diagnostic equipment) plus the optical store which is currently inactive. The lease expires on March, 2027. Options to renew are negotiable. Rent is $5,700. Located in a commercial location in an office building. The practice is located at walking distance to the beach.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The practice presents clear opportunities to increase both revenue and profitability by extending operating hours, improving patient throughput, implementing digital marketing, and expanding referral networks, while also reactivating the optical retail segment. Margins can be enhanced by internalizing cataract procedures (~$90K potential), reducing telecom and administrative costs, and eliminating discretionary expenses. Operational efficiencies can be achieved through automated patient communication, reduced no-shows, improved front desk performance, and optimized scheduling to maximize provider utilization.

Competition / Market:

There are 3 practices in the area and other ophthalmologist practices in the county and nearby counties.

Reasons for selling:

Retirement.

Trading hours:

Monday-Friday 9:30am-4pm

Employees:
2 FT
Years established:
35

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.

Furniture / Fixtures value:
$45,000 - included in the asking price