Upper Midwest Area Multi-Location Pearle Vision Optometry and Optical Practice for Sale. $7.7 Million Revenue and Over $1.2M EBITDA.
This is a rare opportunity to purchase one of the largest, most successful multi-location Pearle Vision franchises in the country. The well-established, four location practice features:
• Gorgeous, turnkey facilities in highly desirable locations with consistently high on-line customer reviews.
• Practice sees over 20,000 patients per year.
• Well-trained and very experienced staff
• POS and online appointment booking software.
• The 4 locations have a combined 11,826 total SF, 7,700 total SF of dispensary space, and 9 exam rooms (with extra equipment to outfit a 10th). Each location has a pretesting room, contact lens room, and finishing lab.
• In 2022, sales exceeded $7.7 Million and EBITDA was over $1.2 Million.
• Purchase price includes $800,000 of inventory.
• In 2023, Entrepreneur’s Franchise 500 ranked Pearle Vision as the No. 1 Eye Care & Eyewear brand and No. 38 overall franchise due to its outstanding performance in areas including unit growth, financial strength and stability, and brand power!
• This is a tremendous opportunity for a strategic buyer looking for their first Pearle Vision platform acquisition or for an existing franchise to add to its existing footprint.
Sunbelt Listing ID: 54270
- Listing ID:
- 54270
- Industry:
- Medical/Optometry/Dental/Veterinary
- Location:
- Illinois
- Revenue:
- $7,706,965
- Business Price:
- $5,500,000
- Down Payment:
- $5,500,000
- SDE (Cash Flow):
- $1,235,774
- Listing Agent:
- Greg Bast
- Inventory included in sale:
- Yes
- Inventory Value:
- $800,000
- Is this a franchise:
- Yes
- Employees (Full-Time):
- 49
- Reason for selling:
- Retirement