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Price Drop! Well-Established Ophthalmology/Optometry Practice

Chattanooga, TN, USA
Updated 130 days ago

This well-established Ophthalmology/Optometry practice is strategically located in Chattanooga, Tennessee, serving a metropolitan population of approximately 650,000 residents. The practice benefits from a longstanding reputation in the community, an established referral network, and a favorable geographic location that supports continued growth and a seamless ownership transition. The practice provides a comprehensive range of medical and surgical ophthalmic services, including advanced cataract surgery utilizing modern small-incision techniques, with a high utilization of premium intraocular lenses (IOLs), including toric and multifocal lenses. Additional services include comprehensive ophthalmology and medical eye care, diagnosis and medical management of glaucoma, evaluation and treatment of diabetic eye disease, diagnosis and management of macular degeneration, diagnosis and treatment of dry eye disease, evaluation and treatment of eyelid disorders, preventive eye care, ongoing ocular disease management, and comprehensive eye examinations. The significant percentage of premium IOL utilization represents an attractive private-pay revenue component. The practice operates with a stable and experienced team that includes a full-time physician associate and a fully staffed clinical and administrative support team, all of whom are expected to remain with the practice following a transition. The payor mix is well balanced and diversified, consisting of 33% private pay, 30% Medicare Advantage, 17% commercial insurance, 16% Medicare, and 1% Medicaid, with the meaningful private-pay component supporting strong revenue diversification. The seller is open to a structured transition plan to ensure continuity of patient care, staff retention, and preservation of referral relationships.

Employees

16

Real Estate

Real Property Included

Management Type

This business is owner operated.

Years Established

42

Inventory / Stock Value

$60,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
$1.1M
RevenueMost Recent Year
$1.4M
Earnings (SDE)Last Reported
$284K
Assets ValueIncluded in Asking Price
$527K
Seller Financing
Not available

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