NOT DISCLOSED, Illinois
| Asking Price |
$535,000 |
Year Established |
2002 |
|
| Annual Revenue |
$517,807 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Anthony Petrilla |
|
| Annual Cash Flow |
$217,367 |
Listing Number |
1003767 |
|
| # of Employees |
2 |
Business Category |
Services: Medical, Dental |
|
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.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity