Raleigh/Durham, NC Private Practice Looking for Next Generation OD
Single Location - Suburban
We have been serving the community for over 65 years and we are located near several upscale neighborhoods. Nearby universities draw a lot of traffic from nearby counties. Consistent revenue growth for last 12 years...will you continue that growth?
This practice has been in the business of over > 20 years.
North Carolina
Revenue $500K - $1M
Details
Durham Vision
A trusted name, a loyal patient base, and real room to grow.
For more than 65 years, Durham Vision has cared for the eyes of the Durham community. Revenue has grown year after year, patients are fiercely loyal, and the current doctor achieves it all on a part-time schedule. For the right OD, this is a strong foundation with clear upside.
65+ Years serving Durham
~$860K Gross revenue last year
4.9+ ★ Google rating
32 hrs Doctor's weekly schedule
- Consistent growth: Gross revenue has increased every year for the past twelve years (excluding the COVID year).
- Healthy economics: Revenue per exam has risen significantly, and the lowest-reimbursing vision plans have been dropped.
- Medical eye care base: An older patient population with a substantial number of glaucoma, AMD, and diabetic patients.
- Strong optical: Several high-end frame lines that perform very well.
- Deep roots: Founded in 1962 as Optometric Center; owned by Dr. Bruce Pate since 2005.
- Easy access: Directly adjacent to I-85 in a single-story medical building shared with two dental offices, an endodontist, and an orthodontist.
- Built-in traffic: Duke University is two miles away and UNC about ten. The universities and county government draw people from across the region.
- Affluent neighbors: Surrounded by well-established, upscale neighborhoods.
- Thriving region: The Raleigh-Durham area is consistently ranked near the top nationally for business and quality of life.
- Expand the schedule: The doctor currently sees patients just four days a week and takes considerable time off. More hours means more revenue from day one.
- Add a dry eye center: The patient demographics and surrounding community make this an ideal fit for a doctor interested in dry eye.
Practice Information:
Building Size: 1850 square feet
Durham, North Carolina, 27705
Owner Information:
I've owned this practice for over > 20 years.