South-Central Oklahoma Practice Looking for Next Generation Owner
Single Location - Rural
Established in 1958, this long-standing optometric practice has served the community for nearly seven decades. The current owner acquired the practice in 1991 and later relocated it to its present location in 2003, more than doubling the space and substantially upgrading diagnostic capabilities. The practice also offers a full-service optical with a wide-ranging selection of eyewear.
Interested parties can request the complete practice listing by signing a NDA to receive the full details.
This practice has been in the business of over > 20 years.
Oklahoma
Revenue $500K - $1M
Details
Ada Vision Source!
Established in 1958, this practice has served the Ada community for nearly seven decades. The current owner purchased the practice in 1991 and relocated it to its present location in 2003, doubling the office space while significantly expanding the diagnostic technology and developing a full-service optical with an extensive frame selection. Today, the practice enjoys an excellent reputation for quality care, reflected in its consistent 5-star Google reviews and a loyal, multigenerational patient base.
The practice provides comprehensive family eye care, serving patients from pediatrics through senior adults. A number of major local employers offer vision plans that are accepted by the practice, creating a dependable source of new and returning patients while maintaining a healthy mix of comprehensive eye examinations, medical eye care, and optical sales. Many families have entrusted the practice with their eye care for multiple generations.
Ada is a thriving regional hub with approximately 18,000 residents and serves as the county seat for Pontotoc County, giving the practice access to a regional service population approaching 40,000 people. Home to East Central University, the headquarters of the Chickasaw Nation, and Mercy Hospital Ada enjoys a stable economy supported by higher education, healthcare, government, and tribal employment. Because larger cities are approximately an hour away, the practice serves as the primary eye care provider for much of the surrounding region, regularly attracting patients from communities throughout south-central Oklahoma.
The office is located on one of Ada's highest-visibility commercial intersections, just two blocks from East Central University. Positioned on a major retail and restaurant corridor, the location provides exceptional accessibility, visibility, and daily traffic exposure.
The optical features approximately 600 ophthalmic frames and sunglasses in inventory, offering patients an extensive selection while generating strong optical revenue.
The practice has been consistently updated with modern instrumentation, including:
- CenterVue Eidon ultra-widefield retinal imaging system (2020)
- Marco automated phoropter system with integrated chip-card technology linking the autolensometer and autorefractor/keratometer
- Humphrey Matrix visual field analyzer
- Haag-Streit and Nikon slit lamps
- Santinelli automatic patternless lens edger
The practice has maintained an excellent collaborative relationship with the local ophthalmologist, providing seamless referrals for cataract surgery and other specialty procedures. Surgical care is conveniently performed at Ada's outpatient surgery center, allowing patients to receive comprehensive care close to home.
The seller owns the real estate and is offering the opportunity to purchase both the practice and the building as a package. Flexible purchase structures, including a potential lease-to-own arrangement for qualified buyers, will be considered.
Practice Information:
Building Size: 2200 square feet
Ada, Oklahoma, 74820
Owner Information:
I've owned this practice for over > 20 years.