$4.9 Million Revenue Ophthalmology & Optometry Practice for Sale in California

Company Overview

American HealthCare Capital and Allied Healthcare Advisors are 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

2023 Revenue: $4,622,840 | EBITDA: $111,931
2024 Revenue: $3,693,405 | EBITDA: $599,282
2025 Annualized Revenue: $4,847,592 | EBITDA: $660,249
2026 Projected Revenue: $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 ophthalmology and optometry practice for sale in California is $3.6 million. (Excludes cash, receivables, and working capital)