Want to own a financeable, long-established, owner-operated private optometry practice in Vermont with strong patient demand (booked 4 months) consistent collections, substantial owner cash flow, and clear expansion upside? This established full-scope optometry practice has generated consistent gross collections of approximately $795K–$806K annually from 2023–2025, with estimated normalized SDE of approximately $277K–$311K.
This practice has served its local market for over 35 years and benefits from a deeply loyal patient base, long-standing community reputation, and significant unmet demand in the surrounding area. The practice serves approximately 3,800 active patients seen in the last two years, maintains 10,000+ total patient records, and produces approximately 1,500 comprehensive exams plus approximately 250 additional visits annually. The practice is currently booked out approximately 4 months, demonstrating strong demand despite the owner recently reducing clinical availability.
The office is a full-scope private optometry practice with optical, offering comprehensive primary eye care, medical eye care, contact lens services, optical sales, LASIK/PRK/cataract co-management, and ongoing referral-based medical care. The practice participates with VSP and Davis Vision on the vision side, along with Medicare, Medicaid, Blue Cross Blue Shield, UnitedHealthcare, Aetna, Cigna, Humana, and Tricare/ChampVA on the medical side, creating strong access and a broad payer base.
The practice currently operates Tuesday through Thursday from approximately 8:30 AM–5:00 PM, with the owner working approximately 3 clinical/admin days per week in 2026 after historically working 4 days per week in prior years. There are no associate ODs currently employed, creating a clear opportunity for a motivated owner-operator or buyer willing to expand doctor availability, restore additional clinical days, and capture existing patient demand.
The practice includes one fully equipped exam lane + 2 potential exam lanes (Office /Billing Office) with modern diagnostic and clinical technology including Optos California, LKC RetEval, iCare 200, Pachmate DGH, Kowa non-mydriatic camera, Matrix Visual Field, chair/stand/slit lamp, optical equipment, and support equipment. Estimated high-end used equipment value is approximately $92K, supporting a turnkey transition and continuity of care. EHR is a mixed paper chart + Eyefinity workflow, creating additional upside through modernization and workflow optimization.
The staffing model is lean and experienced, with 3 part-time staff members and no associate ODs. The team includes billing, technician/optician, reception, optical, and support functions. At least one team member is likely to remain post-transition, and the seller is willing to stay for approximately 6–12 months if needed to support continuity, patient retention, and buyer transition.
Growth opportunities include expanding from the current 3-day clinical schedule, restoring 4–5 doctor days per week, accepting more new patients, adding or upgrading OCT technology, modernizing charting and workflow systems, improving billing/collections, expanding medical eye care utilization, increasing optical capture rate, and leveraging the area’s significant provider shortage. Multiple nearby providers are nearing retirement or reducing availability, while local practices are reportedly booked months in advance, creating a meaningful opportunity for a successor owner to capture additional patient volume.
With stable collections, strong owner cash flow, a large loyal patient base, a 4-month booking backlog, lean staffing, strong optical inventory, real estate optionality, and major expansion upside from simply increasing doctor availability, this is an attractive acquisition opportunity for a buyer seeking an established New England optometry platform with immediate cash flow and meaningful organic growth potential.
🏡 A separately available real estate Condo opportunity may also be attractive to buyers seeking long-term control of occupancy costs. The practice operates from an approximately 2,000 sq. ft. professional office condo with current occupancy cost of approximately $2,300/month. The office condo is available separately from the practice transaction at an asking price of approximately $205K, providing the buyer with potential real estate ownership and long-term location stability.
100% Bank Financing Available for qualified buyers through conventional lenders.
For more information, including a comprehensive practice appraisal report and detailed financial package, please complete our Buyer Registration Form and Confidentiality Agreement.
