*****List Price= $400,000 (New Price Reduction= $299,000)***
Want to own a high-profit, small-town private optometry practice with minimal competition and deep community roots? Here’s your chance. This long-standing clinic in the greater Gaffney / Upstate South Carolina area has been in continuous operation for roughly 75 years, spanning three generations of ownership. Recent figures show gross revenues of approximately $475,000 (2022), $495,000 (2023), and $520,000 (2024)—a three-year average near $500,000 and trending upward. With Adjusted Owner Cash Flow (SDE / EBITDA-Equivalent): ~$300,000 – $340,000. With clean S-corp tax returns and detailed P&Ls, a qualified buyer with solid credit should be eligible for 100% practice financing through optometry-focused lenders.
The practice serves a loyal patient base in a tight-knit Upstate community, drawing from the surrounding county and nearby rural areas. The seller notes an “exclusive” situation with virtually no private-practice competition within roughly 30 miles, aside from a single big-box optical. The area offers the best of both worlds: small-town relationships and low cost of living, with larger cities and regional amenities a short drive away. Long-standing community involvement and multigenerational care have created a strong reputation and “family practice” feel that a new owner can build on immediately.
The clinic occupies approximately 3,800 sq ft on the main level of a commercial building, plus an additional ≈3,000 sq ft of second-floor storage, all for base rent of just $1,425 per month, with about 5 years remaining on the lease and unlimited renewal options—an exceptionally low occupancy cost relative to revenue and space. The main floor layout includes a welcoming reception and waiting area, large open optical, 5 exam lanes (4 fully equipped), dedicated pre-test space, business office, and support/storage areas—providing more than enough capacity for growth, additional providers, or new specialty services.
Technology and equipment are a major strength. The current equipment list includes:
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Topcon Maestro OCT
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Virtual Field (automated perimeter)
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Canon retinal cameras (x2)
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4 fully equipped exam lanes (stand/chair, slit lamp, keratometer, manual phoropter), one room devoted to Optometric Exam Relics (pink chair)
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Neurolens system
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Icare tonometer
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Dexta chair and Zeiss scope for procedures
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Lipiflow and Blephex for advanced dry eye care
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Multiple diagnostic lenses, handheld instruments, computers/workstations, and several electric lift tables
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Lab space with multiple lensometers and stock-lens finishing capability
The optical is robust and well merchandised. Based on the 2025 frame inventory, the practice maintains over 800 frames on display with an estimated wholesale value of approximately $50,000, plus an organized, detailed list by brand, model, and color. This, combined with in-house stock lens capability, gives a buyer a fully stocked, revenue-ready dispensary with strong working capital from Day One.
Clinically, the practice provides full-scope primary and medical eye care, including comprehensive routine and problem-focused exams, medical visits (typically in the $95–$160 range), LASIK/PRK/cataract co-management, and specialty contact lenses (scleral, hybrid, keratoconus, post-surgical) along with a full optical. Advanced diagnostics such as OCT, visual fields, and retinal photography are routinely used, supported by a fee schedule that includes comprehensive exams, contact lens fittings, OCT, visual fields and screening fundus photos. Dry eye services, Neurolens, and other higher-value services provide additional upside for a medically minded OD.
The payer mix is attractive and broad: the practice participates with major vision plans (VSP, EyeMed, Spectera) and medical plans including Medicare, Medicaid, Blue Cross Blue Shield, UnitedHealthcare, Aetna, Cigna, and Humana, giving a buyer straightforward access to the full local patient population.
Patient metrics show a strong, stable base with ongoing new-patient flow: approximately 10,450 active patients, with about 42% of 2025 visits being new patients and a recall interval averaging 15 months. Annual visit volume is roughly 2,900 encounters per year, including around 1,000 new patients, all supported by a four-day clinical week.
The current schedule is Monday–Thursday 9:00 am–5:00 pm and Friday 9:00 am–2:00 pm, leaving weekends free while still supporting strong collections and income. Staffing is lean and efficient:
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1 full-time optician/retail sales associate
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1 full-time front desk coordinator
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1 full-time technician
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1 part-time staff member, plus an experienced off-site billing/insurance specialist
The seller is a third-generation OD in this practice and is open to staying on for 1–2 years post-sale if desired, or exiting more quickly depending on the buyer’s needs—providing excellent flexibility for a first-time owner who wants mentorship and a smooth transition.
This is an excellent fit for a buyer who wants:
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A high-profit, low-overhead practice in a smaller community
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Very limited local competition and strong patient loyalty
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Established infrastructure for medical eye care, dry eye, Neurolens, and specialty contact lenses
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Room to grow by modestly increasing hours, tightening recall to 12 months, expanding dry eye and Neurolens programs, and marketing to the large active patient base
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.
