Rhode Island Practice For Sale

  • Temporary at Dr. Dennis Karambelas,
    Posted Monday, October 9
  • Providence, RI, Temporary
  • Contact: Marion Goff
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Extraordinary opportunity to buy an established, 25 year old very successful optometry practice in Providence, RI, which is the practice of the late contact lens specialist, Dr. Dennis Karambelas, Diplomate & Fellow of the American Academy of Optometry.  Storefront location in the historic South Main Street area of Providence, in the heart of Brown University and the Rhode Island School of Design, between the downtown and East Side areas along the beautiful river way. 
Our practice has been appraised by Visionary Practice Group with revenue over $1Million dollars over the last 5 years, and $775k for the first 6 months of 2017. Our office space is 6 years old and has 3 lanes and an architecturally designed optical boutique. In addition to our contact lens specialty, we have a vibrant general practice with a diverse medical and ophthalmic patient population with total revenue of 75% cash and 25% insurance.  Our hours are Monday - Friday and we close at 2pm on Friday, so a new owner could easily expand hours and bring in a second optometrist. We have a patient base of over 10,000 patients, and are very proud of our office, our staff and what we have accomplished over the last 25 years.  Contact Marion Goff at karambelas03@aol.com.