Practice for Sale Downtown Long Beach
Established 20 years optometry practice located 1 block from the beach in the downtown East Village Arts District of Long Beach. The area is known for its trendy restaurants, boutique shopping, and prevalent art community attracting young professionals and tourists. Practice site intersects a busy main street and is part of a commercial/residential building on the ground level offering it high visibility. It offers year around foot traffic, steps away from major events and landmarks such as the Grand Prix, Long Beach Jazz Festival, The Pike Outlets, and Long Beach Convention Center. Grossing over $200,000 per year on part-time doctor hours. The business is currently growing rapidly due to increased influx of new affluent residents flocking to the trendy downtown Long Beach area where in 2019 alone 9 new residential buildings were built. There are 5 new high-rise residential buildings still under construction projecting continued growth in the area. There was a 40% increase in gross revenue from 2021 as compared to 2020. Practice includes a full lane of exam equipment, beautiful, appointed display cases and dispensing tables made by Fashion Optical Displays, and an inventory of unique frames. The practice is selling at $100,000 or best offer. The business is in a 700 square foot commercial condo which is fully paid for and includes 2 free parking spaces in a secure underground garage. Owner is retiring and willing to provide low rent to begin with and will be happy to provide help during the transition. Asking price is $100,000 or best offer. Please contact by email: dremukai@gmail.com or text: 562-688-7030.