Independent Optical Retail & Practice
Not Disclosed, IL Cook County
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- RE: Independent Optical Retail & Practice
- Contact: Anthony Petrilla
Quick Facts
| Asking Price: | $535,000 | |
| Annual Revenue: | $517,807 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $217,367 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 2 | |
| BBN Listing #: | 1003767 | |
| Broker Reference #: | 60384-806736 |
Business Overview:
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.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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