Want to own the primary medical eyecare hub in a 50,000-population county with virtually no ophthalmology competition? This opportunity, earning 4.4★ Google rating based on 46+ reviews, generated approximately $1.10M in 2024 gross collections, with strong growth from approximately $788K in 2022 and $889K in 2023. The business also reflects estimated adjusted owner cash flow of approximately $300K–$375K, offering a rare chance to acquire a long-standing, full-scope optometry practice with strong medical demand, loyal patient relationships, and meaningful continued upside in an underserved market.
Located in Eastern North Carolina, this practice has become the clear medical eyecare hub in its county. The seller notes there is only one other local optometry office with limited doctor coverage and essentially no true ophthalmology competition in the market outside of specialists who already come into this office. The practice has built deep community trust over more than 30 years and benefits from being the dominant local provider for comprehensive eyecare, medical referrals, co-management, and optical services.
The practice includes 8 exam lanes, all equipped, approximately 9,000 active patients, around 4,500 annual patient visits, and roughly 900 new patients per year. It operates with examWRITER / Office Mate, uses a pre-appointment based recall approach, and is reportedly booked out approximately 5 months. Clinical services include comprehensive primary eye care and medical eye care, LASIK/PRK/cataract co-management, specialty contact lenses, myopia management, and optical sales.
Insurance participation is broad and supports both medical and routine demand, including VSP, EyeMed, Spectera, Superior Vision, March Vision, CEC, Humana Vision, Medicare, Medicaid, BCBS, UnitedHealthcare, Aetna, Cigna, Humana, and Tricare / ChampVA.
Key equipment highlights include Cirrus OCT 6000, Humphrey Visual Field, and Optos California, along with a larger equipped exam-lane footprint that supports continued patient volume and future doctor expansion. The practice also includes approximately $94,692.73 in estimated frame inventory value used in valuation and approximately $156,000 in estimated major equipment value used in valuation.
The team infrastructure is a major strength, with 6 staff and 1 associate OD working 3 days per week who is expected to remain. The office also benefits from outside retina and ophthalmology presence, which further supports continuity of care and patient retention.
The real estate footprint includes approximately 3,000 square feet across the building, lab, and storage areas in a free-standing property. Current rent is approximately $3,000 per month, the lease is assignable, and it runs through December 31, 2026. Importantly, the real estate is also available for purchase, with the seller stating that all three buildings plus the parking lot are available for $350,000, creating a compelling owner-user opportunity for a buyer who wants to control both the practice and underlying real estate. The seller notes the practice occupies at least 51% of the property.
With dominant market positioning, broad medical scope, strong community reputation, limited direct local competition, meaningful booking backlog, and the added opportunity to acquire the associated real estate, this is a compelling acquisition for a buyer seeking both immediate scale and long-term upside.
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.
