Opportunity to acquire a well-established, independent optical retail and optometry practice with over 20 years of operating history and a loyal, insurance-driven patient base in a desirable Chicago-area suburb. The business combines premium eyewear retail, on-site optometry services, and an in-house finishing lab, creating a full-service vision care operation with strong margins and repeat clientele.
The practice generates approximately $515k+ in annual revenue and produces adjusted Seller Discretionary Earnings (SDE) averaging ~$214K, representing 40%+ margins. Revenue is well diversified between private-pay and major vision insurance providers, driving consistent year-over-year patient traffic and eyewear sales. Retail eyewear represents the majority of revenue, supported by premium designer frame lines and strong capture rates.
The facility includes a fully equipped optometrist exam room and a complete in-house lab for lens cutting and finishing, allowing for same-day or rapid turnaround eyewear services. The practice currently operates with only one doctor day per week, despite having historically supported multiple doctors - creating a clear and immediate growth opportunity for a new owner.
The owner manages day-to-day retail and operations and is seeking retirement. A smooth transition is available, making this an attractive opportunity for an optometrist, optical retail operator, or strategic buyer looking to expand clinical capacity and scale revenue.
Ad#:2454653