Modern Specialty-Driven Chicago Metro Practice For Sale -Illinois (PENDING SALE)

Want to own a high-performing optometry practice in the Chicago metro without starting from scratch? This practice with 4.9★ Google reviews | 104 reviews generates approximately $490,000–$600,000 in annual collections, with Adjusted Owner Cash Flow (SDE / EBITDA-Equivalent) ~$210,000–$260,000, making this a strong, bank-financeable acquisition with meaningful owner income., making this a strong, bank-financeable acquisition with meaningful owner income, before any growth initiatives.

This is a full-scope efficient private practice with a strong specialty mix, including dry eye and aesthetics (IPL/RF), myopia management, specialty contact lenses, and co-management, supported by a large active-patient base, steady new-patient flow, and optical sales. Operations include four exam lanes (two fully equipped) plus a dedicated aesthetics room, modern diagnostic and treatment equipment, and Crystal EHR. The practice operates on a weekday schedule and is typically booked roughly two weeks out.

Clinical and treatment equipment is a major asset, supporting both medical eye care and high-margin specialty services. Key equipment includes RF/IPL dry eye and aesthetics platforms (InMode Envision and Cynosure TempSure), OCT imaging, visual field testing, myopia management/topography systems (MYAH), modern refraction lanes with updated chair/stand/phoropter units, Firefly slit lamp biomicroscopy, and additional diagnostic instrumentation. The equipment mix is well-maintained, integrated into existing workflows, and requires no immediate capital expenditure post-close.

A long-term lease through 2034, recent major build-out and expansion, and ~$22,000 in wholesale frame inventory included at cost provide a turnkey transition. This opportunity is ideal for an owner-operator seeking immediate cash flow with upside through expanded clinic utilization, optical, and specialty services.

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.

 

Features

Gross Sales:
$ 600,000
Discretionary Net Income:
$ 260,000
OD Practice Price:
$ 490,000
Private Equity Price:
$ 590,000 -
$ 690,000
Real Estate Purchase Available?
$ No
Reference#:
OD1011
Listing Broker:
Justin Morgan JD (Broker) & Aaron Neufeld OD (Consultant)

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