American HealthCare Capital is pleased to introduce an upscale Optometry Business for sale in Queens, New York. The company is located in a vibrant area with a mix of commerce, shopping, and upscale living. This ideal location has a large, wide open, bright, clean space, with most of the merchandise available in open displays for customers to try on. The practice dispenses prescription eyewear and lenses. Their primary mix of customers is made up of eye exams, glasses, frames, contact lenses, and specialty lenses.
The company’s payer mix is 65% insurance and 35% private pay. Gross revenues were $405,000 in 2020 and will exceed $430,000 in 2021 with an adjusted EBITDA $45,000. There are many growth opportunities for this business supported by the favorable demographics and per capita wealth levels within and around the location.
The current owner will accommodate a transitional period and the rest of the staff is expected to stay on.
The asking price for this opportunity is $225,000, plus an additional $30,000.00 for Inventory.
If you would like to learn more, please use the form on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code and Listing Title from the summary above to complete the NDA.