Selling an
Optometric Practice

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Maximize Your Practice’s
Value and Legacy

Selling your optometry practice is one of the most important decisions you will make in your career. It is not just a business transaction, it’s the culmination of years of dedication, hard work, and patient relationships. 

At Cleinman, we help practice owners navigate this process with confidence, so that every decision positions you for the best possible outcome. Your hard work establishing your practice should be backed by a team that truly cares about finding the right new owner.

Schedule a call today to discuss your practice sale with our experienced, compassionate team.

Why Experienced
Guidance Matters

Every practice sale is unique. Whether your buyer is an associate, another private practice, or a private equity-backed consolidator, each deal comes with its own challenges and opportunities. 

With over 3,000 successful optometry transitions, our team knows how to protect your interests, maximize your practice’s value, and provide a smooth experience for both you and your staff.

Working with experienced professionals allows you to avoid common pitfalls and make strategic choices that can significantly impact your final outcome. Our expertise covers all aspects of the process, from financial planning to negotiation, legal documentation, and post-closing support.

The Practice
Divestiture Journey

Selling a practice can feel overwhelming, but our proven 10-step process simplifies each stage and provides clarity along the way:

  • Assessment: We examine your practice through a buyer’s lens, reviewing financials, staff, facility, and market position, and provide valuation guidance.
  • Staging: We evaluate your goals against practical realities and identify improvements to maximize profitability and opportunity.
  • Marketing: We create compelling offering packages, generate buyer interest, and coordinate meetings with qualified prospects.
  • Transaction design: We define and negotiate high-level terms, including purchase price, employment agreements, and leases.
  • Purchase agreement: We handle negotiations and coordinate with attorneys to prepare detailed legal documentation.
  • Due diligence: We guide buyers through the evaluation process so that your interests are protected.
  • Team communications: We advise on sensitive communication with staff and associates to maintain stability.
  • Closing documentation: We coordinate attorneys and complete all pre-closing requirements.
  • Closing: We provide full support as agreements are executed and ownership is transferred.
  • Post-closing support: We remain available to address any post-sale issues for a smooth transition.

Key Questions to Consider
Before Selling

Before putting your practice on the market, it is essential to ask yourself the right questions:

  • Do you want to continue patient care without the responsibilities of ownership? Clarify whether you want to stay involved with patients or fully step away.
  • Are you “partner material”? Understanding your readiness for partnership can impact your exit strategy and choice of buyer.
  • What is your practice truly worth? Accurate valuation is critical so you receive fair compensation for your years of dedication and hard work.
  • Are your finances under control to maximize value? Clean, organized financials increase buyer confidence and support a higher sale price.
  • How will the transition impact your staff and patients? Planning for people and operations facilitates continuity, protects relationships, and preserves the practice’s reputation.

Answering these questions helps you plan strategically, maximize your return, and avoid common mistakes that can reduce the value of your practice.

Take the Next
Step

Selling your optometry practice is more than a transaction. It is about protecting your legacy and planning for your future. Cleinman provides personalized guidance, professional insights, and full support through every stage of the sale. 

Our goal is to make the process clear, straightforward, and successful, allowing you to confidently move forward with the next chapter of your life.

Contact us today to schedule a confidential consultation and start your practice sale on the right path.

Frequently Asked Questions About
Optometry Practice Sales

Key factors include financial performance, patient retention rates, equipment condition, and location demographics. We recommend examining at least 3 years of financial records, assessing the active patient base, evaluating the practice’s reputation, and understanding the local market dynamics.

The timeline for acquiring an optometry practice typically ranges from 4–8 months. This includes initial search, practice evaluation, negotiations, securing financing, and completing the transition. Our experienced team helps streamline this process while providing thorough due diligence.

Several financing options exist, including traditional bank loans, SBA loans, and seller financing. We can connect you with lenders experienced in optometry practice acquisitions who understand the unique aspects of practice ownership and can offer competitive terms.

Successful transitions require careful planning and execution. We recommend a structured transition period where the selling doctor remains available for consultation, staff retention strategies are implemented, and clear communication plans are established for patients and vendors.

A valuable practice investment typically shows consistent financial performance, strong patient retention, updated equipment, skilled staff, and opportunity for growth. We focus on practices demonstrating these characteristics along with potential for increased profitability through operational improvements.

See What Our Clients Are Saying

The true measure of our work is the success of the practice owners we serve. Hear from doctors who have partnered with Cleinman and discovered the clarity, growth, and lasting impact that come from having a trusted business partner at their side.

See What Our Clients Are Saying

The true measure of our work is the success of the practice owners we serve. Hear from doctors who have partnered with Cleinman and discovered the clarity, growth, and lasting impact that come from having a trusted business partner at their side.

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