American HealthCare Capital is pleased to introduce an upscale Optometry Business for sale in Woodside New York (Queens). 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 to all of their customers. Their primary mix of customers is made up of eye exams, glasses and frames, and contact 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 is willing to discuss staying with the practice.
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 contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.