Listing ID: CA-76719
The offering includes an upscale and contemporary optometric practice located in West Los Angeles serving the neighboring areas of Bel Air, Brentwood, Beverly Hills, West Hollywood, Santa Monica, Wilshire and Holmby Hills. Surrounded by shops, restaurants and other high foot traffic businesses, the space features high ceilings with sky lights and a clean modern design which sets this practice apart. The location has been an established optometry practice for over 32 years with a robust and loyal patient base drawing from secure and long-term feeders which include UCLA students, faculty and staff, UCLA health care system employees, surrounding businesses, and residents of the many affluent neighborhoods in the immediate vicinity.
Affordable rent coupled with an excellent, central location, and a committed existing patient base truly differentiates this opportunity. Gross business over the last 3 years has averaged over $660K annually, with over $150K owner benefit, inclusive of a year affected by COVID and no Saturdays. Prior to the pandemic this practice historically grossed over $700K with adjusted owner benefits over $168K. The Seller is looking to retire and is extremely motivated, willing to aid in the transition in any way possible to assure a smooth takeover.
Office Phone: 877-778-2020
Cell Phone: 949-887-9602
Toll Free: 877-778-2020
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