This established private optometry practice has served its Southern Maine community since 2015, with an optometric presence at the location extending for more than 50 years. The practice generated approximately $666,000 in 2023, $688,000 in 2024, and $680,000 in 2025, demonstrating remarkably consistent annual production. The completed valuation supports a normalized owner benefit of approximately $240,000 annually, with a modeled sensitivity range of approximately $220,000–$255,000. The seller currently works approximately 4.5 clinical and administrative days per week, and the office features four fully equipped exam lanes, a loyal established patient base, specialty-service capabilities, and significant capacity to support additional doctors.
The practice reports approximately 3,444 active patients seen within the last two years, more than 16,000 total patient records, approximately 2,169 annual patient visits, and roughly 529 new patients per year. The office is generally booked approximately two to four weeks in advance and uses Crystal PM as its EHR with Weave for patient recall and communication.
The practice provides an unusually broad scope of care, including comprehensive primary eye care, medical eye care, LASIK/PRK/cataract co-management, vision therapy, dry eye and aesthetic treatments, and optical sales. Existing specialty capabilities include pediatric and binocular vision therapy, traumatic brain injury rehabilitation, IPL/RF-based dry eye treatment, eyelid hygiene, and aesthetic services, giving an incoming owner several established service lines beyond traditional primary-care optometry.
The practice currently participates with VSP and EyeMed for vision coverage. Medical participation includes Medicare, Blue Cross Blue Shield, UnitedHealthcare, Aetna, Cigna, Humana, Tricare/ChampVA, and regional commercial plans. The seller specifically identifies adding additional vision plans as one of the most straightforward opportunities to expand patient volume.
The owner plans to retire following the sale. The practice has one full-time Practice Manager / Optician and one part-time Optician / Front Desk / Technician. The practice manager is the current President of United Opticians of Maine, holds a business degree, has strong local relationships, and is described as a major asset to the practice. The part-time employee assists with the front desk, patient workups, and visual-field testing and has expressed willingness to consider full-time employment. There are no employment contracts or non-compete agreements currently in place.
There is currently no associate optometrist, despite the office having four fully equipped exam lanes. The seller believes the facility could readily support a two- or three-OD model, creating one of the practice’s most significant expansion opportunities. The completed valuation treats that capacity strictly as upside and does not assume additional provider revenue in the current earnings analysis.
The office operates Monday through Friday, with hours of 8:00 AM–5:00 PM Monday through Wednesday, 8:00 AM–4:00 PM Thursday, and 8:00 AM–1:00 PM Friday. There are currently no evening or weekend hours, creating additional scheduling capacity for an owner interested in expanding access without relocating or materially changing the existing infrastructure.
A particularly unique aspect of this opportunity is the real estate. The practice occupies an approximately 2,252-square-foot first-floor condominium in a historic building, with the office condominium available for sale separately. The practice valuation excludes the real estate and assumes that the business will continue to bear a reasonable occupancy expense whether the buyer leases or purchases the property.
RE Property is for sale and the seller seeks fair market value for the condominium.
The practice is well equipped, with approximately $104,950 in estimated major equipment value. Major technology includes a Topcon automated phoropter system, autolensometer, Clarus 500 retinal imaging system, Cynosure TempSure Envi RF platform, iCare tonometer, autorefractor, OCT, and Sonogage, in addition to extensive ancillary clinical equipment throughout the office. The seller reports that all clinical equipment is functional and software is current and supported.
The practice also reports approximately $51,365 in optical and frame inventory at wholesale value as of August 2026, providing an established optical platform for the incoming owner.
Financial performance has remained notably stable. Crystal PM receipts were approximately $665,854 in 2023, $687,605 in 2024, and $679,959 in 2025, representing a three-year average of approximately $678,000 annually. The completed valuation normalizes earnings by adding back documented owner compensation, interest, depreciation, and amortization, while conservatively retaining certain cash costs and adjusting for nonrecurring reimbursement and occupancy. Normalized owner benefit was approximately $235,785 in 2023, $245,864 in 2024, and $237,450 in 2025.
Greater weighting is placed on the more recent 2024 and 2025 results, producing a selected normalized owner benefit of approximately $240,000 annually. This figure represents the combined compensation and ownership return for a working owner-operator, not passive profit after paying a replacement optometrist.
Growth opportunities are substantial. A buyer could add an associate OD and utilize all four exam lanes, participate with additional vision plans, expand evening or weekend hours, further develop dry eye and aesthetics, build a dedicated myopia-management program, expand vision therapy, and increase outreach to local schools and community organizations. The existing RF platform and specialty-care foundation could also support development of a more focused dry eye or aesthetics center without starting those service lines from scratch.
The practice benefits from an established local reputation, longstanding community relationships, and a distinctive office environment. The office was remodeled approximately four years ago with numerous custom-built features and displays, and the seller describes the practice as a collaborative, patient-friendly environment with strong ties to local businesses and the Main Street community.
The seller believes three to six months should provide adequate time for a smooth transition if the existing team is retained.
This opportunity is particularly well suited for a hands-on owner-operator or growth-minded OD seeking an established practice with high annual revenue, 3,400+ active patients, four equipped exam lanes, broad medical participation, specialty-service capabilities, experienced staff, substantial equipment, and optional practice real estate. The combination of stable historical revenue and significant unused provider capacity creates a compelling platform for an incoming doctor who wants both immediate production and meaningful expansion potential.
100% Bank Financing may be available for qualified buyers through conventional lenders, subject to lender underwriting and approval.
For more information, including detailed financials and confidential practice information, please complete our Buyer Registration Form and Confidentiality Agreement.
