Thinking of selling your practice?


National Optical Care welcomes established optometry and ophthalmology practices, who share our values and people-first approach, to join our community of eye-care and business professionals.

Selling your practice is undoubtedly one of the most important decisions you’ll ever make which is why our partnerships ensure the transition to National Optical Care is seamless. Whether you’re looking to grow your practice through our community or planning for succession, we’ll guide you through the entire process.

We offer a customised and flexible approach to our partnerships and will facilitate an integration process that suits you and your team. Committed to drive best practice initiatives, National Optical Care is guided by the philosophy of being stronger and more effective together.

Our partnership model empowers our practices to focus on the front line of eye-care, retain their established brand and local identity, preserve and enhance their unique culture, whilst adding opportunities and benefits only achieved by working together as a group.

People are the core of our business, we value open communication based on integrity, transparency and mutual benefit. We will embrace and drive change and actively pursue growth and continuous improvement for all our practices.

We appreciate you’ve worked hard to build your business and make it successful. If you are considering selling or planning for succession, National Optical Care can guide you through the process, with the highest level of confidentiality, ensuring your business continues to prosper whilst preserving your legacy.

Benefits of selling your practice to National Optical Care


Girl being examined

Keep your brand

Your practice will retain its own established brand and local identity. We respect and value the reputation that you have developed with your community and believe that keeping your practice name and brand is important. We also retain your practice team and they will continue to play an important role in the future success of the practice.


Training

We are focused on developing our people and are establishing a comprehensive training and development offering that will provide a range of professional development opportunities. Our Optical Advisory Committee will harness the collective expertise across our community to help shape programs that ensure each member of our team is best equipped to always deliver the best standard of care and service.


Goods and equipment

Economies of scale and supplier relationships have allowed National Optical Care to source goods and equipment at more competitive rates than what you would typically be able to achieve individually.


Administration support, HR and marketing

Our Support Office will provide you with the centralised services that are critical to the smooth running of your practice including, finance, payroll, human resources and recruitment, information technology and marketing. We understand that your priority and passion is to deliver the best possible experience to your patients and that’s why our Support Office teams are there to help you with these other important tasks.


Employee benefits and wellness support

National Optical Care’s employees enjoy a broad range of employee benefits including ongoing training and professional development opportunities, practice and employee award initiatives, flexible working opportunities plus much more.

What are the next steps


Our first meeting will typically be held either in person or via teleconference. We will have a general discussion and will ask you to supply key paperwork. The type of documents we usually need are:

  • Last 3 years of profit and loss statements
  • Last 3 years of tax returns
  • List of employees, benefits, hourly or salary pay, and vacation
  • Pictures and details of your practice

Once we have all the documents we need and have spoken with you, we’ll provide a valuation of your business and suggest a price. Once pricing is agreed, we move onto finalising other important documents, like agreement on key terms and provision of legal documents. We will also undertake some due diligence checks.

We make sure there is adequate time in the process for pre-settlement planning, so that the transition to National Optical Care is smooth for you, your team and your clients. Expect an onsite visit or two, and a consultative approach. From the time of our first meeting through to settlement, the process can be as quick as six to eight weeks.

From the front end, not much changes. Most of the change is behind the scenes. Going forward, we’ll take care of the back office while you focus on your patients. Together we will grow your business and help you to meet your goals.

Confidential enquiries