Well-established Optometry Practice in Stephenville, Texas.
Great opportunity to own a successful full-scope practice with over 35 years of service to the Stephenville, Texas, community.
A community of 21,000, Stephenville is the county seat of Erath county and serves as the hub for surrounding communities. A thriving agricultural town with a strong manufacturing presence, Stephenville is home to Tarleton State University and Ranger College extension. Located 60 miles southwest of Fort Worth, it offers a rural setting with access to the Dallas-Fort Worth Metroplex.
The practice is located in a 3,000 square foot stand-alone facility and is well-equipped to serve the vision and eye health needs of the community. Two exam lanes (one with a digital refractor), a Zeiss Clarus 500 fundus camera, Zeiss Cirrus OCT, Konan Specular Microscope, Humphrey Visual Fields Analyzer, a full finishing laboratory, and an experienced staff of seven provide service, style, and convenience, making this a successful turn-key opportunity.
At this time, the practice maintains a full, five-day-a-week schedule, with potential for a second doctor. With gross revenues of $1 million, the practice provides competitive owner compensation.
Asking Price: $399,000
Building is available for sale or lease.
Willing to seller finance property.
For more information, contact:
Sarah Clements
817-360-6585
Facility
Built in 1997, this up-to-date facility has all the features modern optometry practices strive for including:
- Waiting Room
- Reception Area
- Optical
- Contact Lens Dispensing Room
- Repair Area
- Lab
- Testing Area
- Two Exam Rooms
- Three Offices
- Two Restrooms
- File Room
- Ample Parking
The Building is located on a large lot that is situated on a hard corner on the main street through town. This street is also less than 5 minutes from Tarleton State University; thus, providing quick and convenient access to the student body and employee base. The adjoining property of over ½ an acre is also available for purchase, allowing for expansion or other business opportunities.
Staff
- Manager: 20 years
- Billing: 5+ years
- Optician/Lab: 10 years
- Optician/Lab: 14 years
- Optician: 2 years
- Receptionist/ Optical: 1 year
- Receptionist: less than 1 year
Scope
- Exams
- Adult
- Pediatrics
- Geriatrics
- Glasses
- Contacts
- Dry Eye
- Ocular Disease
Revenue
Average revenue per patient: $230
- Optical: 35%
- Contact Lens: 50%
- Medical: 15%
Revenue from third party: 80%
Insurances accepted: Superior, VSP, Eyemed, Spectera, BCBS, Medicare
Laboratory: Carl Zeiss
Buying Groups: ABB optical, Healthy Eyes Advantage
Marketing
- Postcards
- Website
- Newspaper
- Radio
- TV
Administration/Technology
- Software: Officemate
- Computers
- 7 workstations
- 2 laptops
- 2 printers
- Copy machine
- Fax
- On-hold system
Testing
- Zeiss Clarus 500
- iterminal
- Reichert ophthalmic projector
- Lombart CVS Micro PC acuity system
- Automatic lensometer CL-100
- Tonometer: I care IC 100
- Autorefractor Marco ARK-530-A
- Pupilmeter Deluxe digital Optisource (2)
- Pachymeter Pachpen
- Zeiss Cirrus HD OCT Model 4000
- Zeiss Humphrey field analyzer Model 740
- Diopsys Model SV41-6200
- Konan Specular Microscopy Cellcheck NSP-9900
- Reliance Model 6200 & 7800
- Nidel Marco RT 5100
- Nidek 5T 5100
- Keller all pupil indirect
- Topcon SL 2EP (2)
- Marco CP 690E
Lab
- Nidex 3D fit LE 9000 SX
- Optic source Hide a bevel
- BPI Unit holds 8 tint trays
- L&R transistor/Ultra sonic T-9
- Hilco frame warmer
- Hilco salt pan
- Hilco Lensometer CCQ 400
Frames
1,100 valued at $70,000
Contact Lenses
40 at $2000