An excellent practice is available for a complete buy-out in beautiful Union County New Jersey. The practice has been providing optometric care for over 38 years. Ideal community to raise a family with excellent schools featuring a high quality of life for its residents and above-average demographics. In close proximity to the areas major attractions with easy accessibility to all entertainment centers along the east coast.
Practice is in a beautiful classic New England building located on the main street of the community with excellent visibility and accessibility. The interior of the practice is professionally designed by Eye Designs and is clean, organized, and modern. No immediate capital improvements are needed. The office has four fully equipped exam rooms with state-of-the-art equipment including the Clarus 500 camera by Zeiss and a pre-test room with modern equipment. The office is computer networked with software featuring electronic medical records. The fine optical dispensary features more than 1,000 tastefully displayed frames and a fully-equipped optical lab.
This practice continues to draw new patients and high customer satisfaction ratings. It has good net-to-gross ratios with ample free cash flows available after debt service.
This is a complete buy-out situation and is ready for immediate transition. The owner doctor will assist with the transition. Owner financing is available and the buyer will have an option to purchase the building.
Please send serious inquiries to Bill Nolan at bnolan@thewilliamsway.com.
Become the third owner in over 60 years of this well-respected private practice located in the corners of Somerset, Union and Morris Counties, NJ. The practice is in, and surrounded by, towns that have been awarded an A+ by Niche.com as most desirable places to live and raise a family in all of New Jersey taking into account the exceptional schools, low crime rate and diversity. With average household incomes over $195,000, it’s no wonder that over half of the patients are out-of-pocket, private pay accounts.
The vibrant and inclusive community brings a strong sense of belonging by hosting music festivals, art shows and various cultural events fostering a rich cultural life. Located in a suburb of NY, the town enjoys public transportation access via bus or train within 30 minutes of the city. With Newark Liberty Airport only 20 minutes away, the world is at your doorstep!
The practice is located on the busy main road in town in a single-story medical professional building with good visibility, ample parking, and ease of access for all patients.
In 2023, the practice had gross revenues over $1.3M with $286,000 in owner discretionary net income and adjusted average net cash flow of $120,000. The medical office layout includes a newly renovated waiting room and reception area, complete with new furniture and accessories and 3 workstations.
There are 3 fully equipped exam lanes (one handicapped accessible), 2 prescreening rooms, a contact lens insertion & removal instruction room, contact lens storage room, ADA compliant half bath, kitchen and private office space. Fully EMR converted with Compulink and networked throughout the workplace for over 10 years. The office is outfitted with modern equipment such as a Heidelberg Spectralis OCT Imaging Platform, Optos Ultra wide-field Retinal Imaging Device, Topcon Digital Corneal Topographer, and Humphrey Visual Field Analyzer.
A sizable contact lens inventory includes disposable soft lenses, RGP’s and CRT Orthokeratology corneal molding lenses. The optical layout includes a large open showroom featuring over 1,500 moderate and high-end frames in fashionable displays, a newly installed half bathroom, break room, and finishing lab with the latest edging equipment. In addition to the assignable, 2600 sq.ft. leased office space, approximately 1000 sq.ft. of basement space, including 2 large rooms, is used for storage.
This practice boasts providing the patient with personalized care using the latest equipment by practitioners that are knowledgeable and caring. With over 12,000 active patient records, the office has 2 doctors that see patients a total of 47.5 patient hours a week. Insurances accepted include Medicare, Aetna and Blue Cross/Blue Shield and account for less than half of the gross receivables. The office is located in an affluent area where people are happy to pay out-of-pocket for exceptional care and service. The practice has fantastic growth potential. The addition of more medical services, enrolling in vision plans and/or increasing clinical hours would augment revenue. Currently, no vision plans are accepted and all optical sales are self-pay.
This practice needs a caring, skilled, and dedicated owner to continue the legacy of excellent patient care while preserving the reputation, values, and character that have made it such a cornerstone in the community. Enjoy practicing optometry in a manner you’ve always dreamed of while building a lifetime of success and pride that comes from owning your own professional practice. The owner will soon be transitioning to retirement but is willing to continue working on a reduced schedule if the buyer desires.
Owner financing is available. A Williams Group Practice Appraisal is available for review. For more information, contact owner at SuburbanEyeandOptik@gmail.com.
Lawrenceville offers the perfect blend of suburban tranquility and urban convenience. With its charming, upper-middle-class vibe, this thriving community is ideally situated between the academic hub of Princeton and the historic capital of Trenton. Known for its top-rated schools, scenic parks, and cultural attractions, Lawrenceville provides an appealing mix of quality living and professional opportunity. The area’s rich history, upscale dining, and diverse recreational options make it a standout destination for both work and leisure.
Step into ownership with this established optometry practice, serving the Lawrenceville community for 46 years. Located in a 3,400 sq. ft. space, within a shopping center anchored by a supermarket and department store on the nestled Route 1 corridor, this practice benefits from high visibility and foot traffic. The office is equipped with 4 exam rooms (3 fully operational), an in-house finishing lab, and a modern optical section showcasing 600 frames with 4 dispensing tables. The technology includes Officemate software on a local server, ensuring efficient patient and practice management across 3 workstations.
Allied Vision's reputation for comprehensive care in eyeglasses, contact lenses, and eye health services makes it a prime opportunity for optometrists looking to grow their careers.
This is more than just a practice—it’s a chance to build your future in a thriving community. If you’re ready to take the next step toward ownership and make a meaningful impact, reach out to learn more about this unique opportunity. Call or text Sarah at 402.454.7166 or email her at sskirry@thewilliamsway.com today to discuss how Allied Vision could be your next big move in Lawrenceville, NJ.
Let’s talk about Toms River, New Jersey—a place that truly has it all! Imagine finishing your workday in a modern, well-equipped practice and spending your evenings enjoying waterfront dining, beach sunsets, or exploring Toms River’s vibrant downtown. Located just minutes from the Jersey Shore, Toms River is a vibrant town with 97,000 residents, one of the largest school districts in the state, and a perfect mix of suburban comfort and coastal charm.
What makes Toms River stand out? For starters, the community is growing, with families drawn to its strong schools, abundant recreational activities, and easy access to both New York City and Philadelphia. The town is filled with local treasures: waterfront dining, scenic parks, and year-round events that bring the community together. Whether it’s a relaxing day at the beach or a night exploring the vibrant downtown, there’s always something to enjoy here.
Step into practice ownership with this thriving optometry practice! Since 2002, this practice has built a loyal patient base in one of the fastest-growing communities in New Jersey.
This practice is ready for immediate ownership, offering everything you need to hit the ground running. From its modern technology to its inviting optical space, you’ll find an ideal environment for patient care and professional growth.
This isn’t just an optometry practice; it’s an gateway to live and work in a growing community that’s perfect for professionals who want to balance a long-term rewarding career with a rich, fulfilling lifestyle. Whether it’s the bustling local scene, top-tier schools, or access to outdoor adventures, Toms River is a place you’ll love calling home.
Contact us today to learn more and take the first step toward owning this exceptional practice! Call or text Sarah at 402.454.7166 or email her at sskirry@thewilliamsway.com.