Check out this wonderful opportunity to buy a private optometry practice in Illinois. This turn-key optometry practice for sale in Kane County, IL in one of the most sought-after Chicago suburbs to live and work. The practice produced over $970,000 in gross revenue in 2024 generating its owner-operator $412,000 in annual discretionary net income, which is almost 4-times what young ODs are getting paid as employees. From 2022 through 2024 Revenues grew 29%! This is a single full-time equivalent OD office ready for you to take over the entire production load and continue earning over $400k per year with growth opportunities to bring revenues above $1MM and discretionary net income to $500,000 or more!
Being an optometry practice owner in Kane County, IL offers a perfect balance of economic opportunities, quality of life, and community support. The county boasts a strong and diverse economy, with thriving industries such as manufacturing, healthcare, and technology, along with a business-friendly environment that encourages growth and entrepreneurship. Its strategic location near Chicago provides access to a vast customer base and major transportation routes, making it ideal for businesses of all sizes. Beyond work, Kane County offers excellent schools, beautiful parks, and a mix of suburban and rural charm, ensuring a high quality of life. The community is vibrant and supportive, with numerous networking opportunities, local business resources, and events that foster collaboration and success. Kane County boasts an A rating from Niche.com, with notable accolades for some of the highest school ratings in the state and US, top rated county for families to live, and an ever growing population and local economy…making this an ideal community for an optometry practice buyer to live, work, and thrive.
The custom 1,200 square foot optometry office was built out relatively recently with a remodel occurring less than 2 years ago and located in a strip mall type setting with excellent visibility on a main thoroughfare in town. Patients enter into a beautifully designed open concept and modern reception area combined with optical showroom and dispensary. The remaining layout includes 2 fully-equipped exam lanes with digital phoropters, pretest room, finishing/edging lab, private OD office, break room, rest room, and storage room. The practice has an EMR system in place for 10+ years with computers networked throughout the office. Newer furniture and displays adorn the office.
With hundreds of 5-star Google review ratings, this practice has a superb online presence and goodwill value. All systems are in place, making this a true “turnkey” opportunity. Just take over seeing patients part-time and earn over $400,000 annually. With thousands of patient records in the EMR system, year-over-year growth, patients booking out weeks, and an excellent reputation serving the community, this practice will surely continue to thrive and provide its new owner with substantial income and continued growth opportunities long into the future.
This represents a unique opportunity to purchase a successful private optometry business in Illinois, which is suitable for a first-time OD buyer, an existing practice owner seeking expansion, an institutional buyer, or a private equity group. Enjoy professional and clinical freedom, control of your own schedule, and financial success as the new owner of this practice!
The seller OD will assist in a smooth transition, which is included in the price.
For more information, including a comprehensive practice appraisal report, please complete our Buyer Registration Form and Confidentiality Agreement.
