Want to own a long-standing, medically oriented private optometry practice in one of the fastest-growing, high-income suburbs of Dallas? Here’s your chance. This well-established clinic in the McKinney / North Dallas corridor traces its roots back to the 1920s and has been in its current professional iteration since 1991. Collections have remained stable, with gross revenues of $446,692 (2022), $440,443 (2023), and $414,526 (2024)—an average in the mid-$430,000s over the last three years. Updated appraisal metrics using a blended valuation approach place the practice at a $200,000 final valuation anchor, with a buyer-facing range of $185,000–$215,000. For a full-time owner-provider, the practice can reasonably support ≈$70,000+ in combined owner salary and discretionary benefits, with upside as recalls, fees, and chair utilization are optimized. With clean tax returns and P&Ls, a qualified buyer with good credit should be eligible for 100% practice financing through optometry-focused lenders.
The practice is located in a standalone professional building along a well-traveled corridor in a rapidly expanding part of Collin County, drawing from McKinney, surrounding suburbs, and long-time families who have been coming to the office for generations. The area is one of the fastest-growing counties in the U.S., with a strong mix of families, white-collar professionals, and retirees. Despite the presence of numerous other optometry and ophthalmology offices within a 20-mile radius, this practice differentiates itself with its long community history, highly personalized care, and strong referral base for specialty contact lenses, low vision, and binocular vision.
The clinic occupies approximately 3,000 sq ft in a traditional freestanding building with a warm, classic interior: large waiting room, spacious optical, 3 fully equipped exam lanes, tech/pre-test space, and back-office and lab/storage areas. The current lease is month-to-month at $5,000/month, with the property available for purchase at an asking price of $1,100,000, providing a unique opportunity for a buyer who eventually wants to own both the practice and the real estate. Existing leasehold improvements date back to the building’s construction in 1999, with solid cabinetry, built-ins, and infrastructure already in place.
Technology is a key asset. Major equipment includes a Zeiss Cirrus 5000 OCT, Humphrey Visual Field analyzer, Canon retinal camera, automated refractor/phoropter system, and a range of specialty diagnostic instruments used for medical eye care, specialty contact lenses, and low vision work. Equipment fair market value is estimated at $90,000–$100,000, per the most recent valuation. The optical is large and well stocked, with a physical frame count of approximately 350 frames on the boards and an estimated current wholesale value of ≈$21,000, giving a buyer a fully merchandised dispensary at takeover without being over-inventoried.
Clinically, the practice provides full-scope primary and medical eye care with a strong emphasis on:
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Specialty contact lenses (keratoconus, post-surgical fits, irregular corneas)
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Low vision rehabilitation and adult binocular vision issues
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Classic comprehensive exams and medical visits (dry eye, glaucoma, cataract, diabetes, urgent care)
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A robust optical with quality frames and lenses
A unique element of this practice is that it does not accept vision plans—all clinical care and eyewear are billed through medical insurance or directly to patients. The office participates with major medical plans (e.g., Medicare, BCBS, UnitedHealthcare, Aetna, Cigna, Humana, Tricare/ChampVA and others), allowing continued access to a wide medical payer base while avoiding the discounting and administrative burden of vision insurance.
Operations are straightforward and lifestyle-friendly: Monday, Tuesday, Wednesday, Friday 9:00 am–5:00 pm and Thursday 10:00 am–7:00 pm, with no weekend hours. The practice averages approximately 1,330 patient visits per year, with around 70 new patients annually, emphasizing long-term relationships over high-volume churn. There are no associate ODs; the current owner is the sole provider. Staff includes three full-time team members and one per-diem/“as needed” support person, plus a remote billing/RCM contractor. Key roles include a long-tenured ABOC optician/IT manager, an experienced tech/contact lens tech/scribe, and a receptionist/billing clerk—all of whom are willing to stay on post-sale, providing excellent continuity.
This opportunity is particularly attractive for a medically inclined OD who values autonomy, an established patient base, and the chance to build on a 100-year legacy of care in the community. Growth levers for a new owner include modestly expanding hours, adding targeted marketing and online reviews, continuing to build specialty contact lens and low-vision referrals, and selectively reintroducing a carefully chosen vision plan if desired for volume growth. For a buyer interested in real estate, the ability to eventually own the building offers long-term stability and an additional asset.
Real Estate (Optional): Freestanding professional building available at an asking price of $1,100,000 (purchase separate from practice).
100% Bank Financing Available for qualified buyers.
For more information, including a comprehensive practice appraisal report and detailed financial package, please complete our Buyer Registration Form and Confidentiality Agreement.
