800.676.9076

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

sarahnclements@gmail.com

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
  • Facebook
  • 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

NORTH TEXAS practice for sale providing an excellent opportunity to carry on the legacy with very productive and profitable optometry business. Located 48 miles southwest of Amarillo the practice was established in 1983. 2018 revenue of $750,000 produces a healthy net to gross ratio of 40%. Exam room is fully equipped and in good condition featuring Humphrey, Marco and Canon instruments. The 1,800 sq/ft office space is owned and for sale or lease. From pediatrics to geriatric patients, this full scope optometry practice provides comprehensive eye health and vision care. Attractively designed optical features an extensive frame collection. Inventory includes over 800 frames. The optical finishing lab features National Optronics equipment and provides unique value and improved efficiencies to patients. Three highly trained staff bring experience and expertise to this high revenue generating practice. This is a complete sale/buy-out. Net to gross ratios provide ample free cash flow after debt service. Hereford is a rural/agricultural community with a population of 20,000 and a drawing area of 45,000.