Established 20 years optometry practice located 1 block from the beach in the downtown East Village Arts District of Long Beach. The area is a prime location known for its boutique shopping, trendy restaurants, and a prevalent art community. This practice is growing rapidly due to the increased influx of new affluent professionals flocking to it and has been grossing over $200,000 per year on part-time doctor hours while also seeing a 40% increase in gross revenue from 2021 as compared to 2020. This growth is projected to continue as there are 5 new high-rise residential buildings still under construction that are bringing even more young professionals into the downtown Long Beach area.
Asking price for the practice is $100,000 or best offer. Practice includes a full lane of exam equipment; and, beautifully made display cases and dispensing tables by Fashion Optical Displays, and an inventory of over 800 frames of which 75% are on consignment. The practice is housed in a 700 square foot commercial condo and includes 2 free parking spaces in a secure underground garage. Owner has health concerns and would like to retire soon. Willing to sell all or part of the practice. Owner is willing to provide low rent the first 2 years and would be happy to provide any help during the transition. Please contact Liz (by email or text) for more information or an appointment.
Email: dremukai@gmail.com
Phone Number: (562) 688-7030