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Listed by:

AcquiTrust Advisors

Profitable Optometry Practice For Sale

Queens, New York, US
Asking Price:
$175,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$492,915
Cash Flow:
$100,000

Established optometry practice in the desirable neighborhood of Queens County, NY. This turnkey operation boasts annual gross sales of $492,915 with $100,000 in net income, offering immediate profitability for a new owner.

The practice operates out of a 1,000 sq ft leased space with monthly rent of $5,600. Sale includes $10,000 in inventory. Staff consists of 1 full-time and 2 part-time employees, all experienced and reliable.

Well-known in the local community, the practice has a steady flow of repeat and referral patients. The owner is willing to provide training post-sale to ensure a smooth and successful transition.

An ideal opportunity for an optometrist seeking ownership or a group practice looking to expand in a high-traffic, growth area.

Property Information

Real Estate:

Lease

Leasehold Rent:

$5,600 per annum

Location:

Bayside, NY

Premises Details:

Fully equipped and turnkey, this business is ready for a new owner.

Size in square feet:
1,000

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

A full time doctor and more advertising

Competition / Market:

The US optical industry is a significant market, reaching $68.3 billion in 2024, a 2.7% increase from 2023. The global vision care market is expected to reach $188.1 billion by 2030, with a CAGR of 5.8% between 2024 and 2030.

Reasons for selling:

Other Business Interests

Employees:
3

Other Information

Support & training:

The owner is willing to provide training post-sale to ensure a smooth and successful transition.

Financing available:

Negotiable

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price