Want to own a modern, high-revenue ABSENTEE-OWNER Manhattan optometry practice with strong online reputation, strong new patient flow, and meaningful upside through owner-doctor production? Under the current absentee-owner model, the practice generated approximately $1.05M–$1.2M in annual gross collections from 2024–2025, with estimated adjusted owner cash flow of approximately $220,000–$255,000 of normalized owner cash flow before acquisition debt service, and approximately $84,000–$119,000 of estimated pre-tax cash flow after debt service. Additional strengths include a 4.9+ ★ Google and Zocdoc reputation with more than 700+ online reviews. The practice creates an attractive opportunity for a buyer seeking a highly visible New York City location, established infrastructure, and continued growth potential.
Located in the Chelsea / Manhattan area of New York City, this long-standing practice benefits from more than 30 years of prior practice continuity, substantial foot traffic, and broad insurance participation. The office offers a strong mix of comprehensive primary eye care, medical eye care, specialty contact lenses, myopia management, co-management services, and optical sales. It operates with 1 fully equipped exam lane utilizing RevolutionEHR with Aloha recall integration and imported historical patient data. The patient base is active and growing, with approximately 5,089 active patients over the last 2 years, approximately 2,300–2,750 annual patient visits, and approximately 225 new patients per month, with the schedule reportedly booked out approximately 2 weeks.
The practice is especially attractive for a buyer seeking immediate operational stability in a highly marketable urban location. Referral flow comes from medical and professional referrals, patient-driven and organic sources, insurance and network-based referrals, and digital marketing channels including Google Ads, social media, and Zocdoc. Additional upside likely exists through increased owner-doctor production, expanded medical billing, premium optical growth, and extended office hours.
Operationally, the office is supported by an experienced team, including an office manager with more than 20 years of experience, an experienced optician, receptionist/biller, full-time associate OD under contract through September 2026, and technician support staff. The current ownership structure is largely absentee, with the owners reportedly spending approximately 1–2 administrative hours weekly and NO regular clinical days, creating meaningful upside for an owner-operator.
The office occupies approximately 1,600 square feet in a highly visible Chelsea location and a lease extending through June 2034 with additional renewal options. Approximately $80,000 in leasehold improvements were recently completed, including flooring, paint, lighting, cabinet refinishing, and bathroom renovations.
Equipment highlights include Topcon Maestro 2 OCT, Topcon Visual Field, Topcon CV-5000S phoropter, Topcon KR-1 autorefractor, Reichert 7CR, Briot blocker system, Alta Evolution edger, and additional modern optical and diagnostic equipment. The practice also includes approximately $88,000 in estimated wholesale frame and optical inventory with integrated in-office edging capabilities.
This is a compelling opportunity for a owner-only buyer seeking a profitable, modernized New York City optometry practice with strong patient flow, established staffing, premium location value, and continued upside potential.
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
