Established, physician-led optometry practice for sale in New Castle, Pennsylvania, offering immediate revenue generation, an experienced team, and a loyal patient base. Priced at $350,000, the business is offered approximately $80,000 below its independently appraised 2021 fair market value, providing an attractive acquisition opportunity for healthcare professionals or investors.
The practice operates from approximately 2,000 sq ft of Class A premises and benefits from consistent patient demand, with appointments typically booked around one month in advance. Historical annual collections have approached $2.04 million across three consecutive reporting periods, supported by a diversified mix of insurance-covered medical eye care. Existing insurance credentialing is already in place, allowing a new owner to continue operations without the delays associated with establishing a new practice.
To ensure a smooth transition, the current physicians have committed to remaining for 6 to 12 months following completion of the sale, while the experienced clinical and administrative staff are expected to remain in place. The practice has an established reputation within the local community, limited local competition, and strong referral relationships that continue to support long-term patient demand.
This is an outstanding opportunity to acquire a profitable, well-established medical practice with immediate cash flow, experienced staff, and significant long-term growth potential. Contact us today for further information. Financial statements, the practice name, and additional details are available upon execution of a Non-Disclosure Agreement (NDA).
