Independent Optical Retail & Practice - High Margin & Upside
Business Description
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.
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.
About the Business
- Years in Operation
- 24
- Employees
- 2 (2 Full-time)
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $3,670.00 per month
- Lease Expiration
- 7/30/2027
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 16 Week
Listing Info
- ID
- 2454653
- Listing Views
- 10
Listing ID: 2454653 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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