top of page

$530,000 Revenue, Growing Optical Practice in Upstate New York

Listing Code:

NYMD1B

State:

New York

Category:

Optometry & Ophthalmology

Asking Price:

$830,000

Revenue:

$530,000

NYMD1B
Company Overview American Healthcare Capital is pleased to announce a long-time family-owned practice for sale in upstate New York. Founded over 30 years ago in upstate New York, this family-owned and operated, full-service optical store specializes in providing a well-curated selection of the world’s best and most highly desirable eyewear brands. The company provides a full range of vision care services, such as comprehensive eye exams by a board-certified optometrist, expert eyeglass and contact lens fittings, and a full-service onsite optical lab. The company’s location allows them to service Schenectady, Saratoga City and Albany County. The store is approximately 1,200 square feet, and the building is owned by the sellers. They intend to rent the space to a new owner via a triple net lease with terms and conditions to be determined. The store is clean and bright, with the majority of the merchandise available in open displays for customers to try on their own. The staff is well trained and provides individual personal shopping assistance with brand knowledge and style. Financial Overview The payer mix is 85% Insurance patients and 15% private pay. In 2020, the total revenue was $492,000. In 2021, they achieved significant growth and ended the year with $684,700 in total revenue (28% increase from the prior year). The company ended 2022 with $528,500.00 in Revenue and so far, 2023 has started off strong, and they are looking forward to another great year. The stores maintain an Inventory level of $42,000, which is included in the purchase price. Asking Price The asking price for this opportunity is $830,000 dollars, which includes approximately $42,000 in Inventory.

Inquire About This Listing:

In order to learn more about our listing, you must:

1. Complete a Buyer Profile:

This profile will be used to pre-qualify buyers and determine whether we can share additional details about our listings. If you have already completed a Buyer Profile, disregard.

YOU ONLY NEED TO COMPLETE A BUYER PROFILE ONCE. 

2. Sign NDA with Listing Code:

To learn more about this listing, you must sign an NDA. When completing the NDA, you will need to copy the exact LISTING CODE and LISTING TITLE.

Listing Code:

NYMD1B

Listing Title:

$530,000 Revenue, Growing Optical Practice in Upstate New York

Heading 4

Contact the Team

Jack Eskenazi American Healthcare Capital

Jack Eskenazi

President/Founder

American HealthCare Capital

Dr. Allen Nazeri DDS MBA.jpg

Dr. Allen Nazeri 

Managing Partner

PRIME exits

Join our mailing list to receive our latest news, and listings.

Thanks for submitting!

bottom of page