Independent Optometry

There are 23,000

Independent Optometry Practices In The United States
By focusing on helping Eye Doctors do more advanced medicine, Amplify EyeCare presents older and younger Doctors alike a more attractive option than Private Equity. 

A Typical Practice

$1.2 million average revenue

$220,000 EBITDA

1.5 Dr’s 7 Staff

50% Medical 50% Eye glasses & Contact lenses

8500 Active Patients, 3500 Annual

less than 10% of practices provide advanced care

State of Independent Optometry

  1. 23,000 Independent Optometrists in U.S.
  2. Total Revenue of Independent Optometrists in US $17.5 Billion USD
  3. Average independent practice has 1.5 doctors, 7 staff, 800,000-1,200,000 in revenue, $150,000- $350,000 in EBITDA
  4.  85% have 1-2 locations
  5. 25% Identify as being a Medical focused clinic
  6. Sales Per Store
    1. 23% $250,000 to $499,999
    2. 24% $500,000 to $999,999
    3. 20% $1 million to $1,499,999
    4. 19% $1.5 million to $2,999,999
  7.  Owner Earnings: salary + share of profit a. 23% $250,000 to $499,999 b. 24% $500,000 to $999,999 c. 20% $1 million to $1,499,999 d. 19% $1.5 million to $2,999,999

Services Offered at Independent Practices

Independent optometric practices derive 35% of revenue from professional fees and 65% from product sales, including 37% from eyewear and 17% from contact lens sales. Medical eye care has 3 times the CAGR of routine/optical and is slowly gaining a share of optometric practice revenue.
Contact lenses
Lorem Ipsum Dolor
88%
Designer eyewear brands
Lorem Ipsum Dolor
87%
Repairs and adjustments
(not bought from you)
Lorem Ipsum Dolor
83%
Independent eyewear brands
Lorem Ipsum Dolor
81%
Specialty contact lens
Lorem Ipsum Dolor
67%
Ocular disease detection
and management
Lorem Ipsum Dolor
66%
Children and pediatric
vision
Lorem Ipsum Dolor
60%
In-house finishing
Lorem Ipsum Dolor
48%
Optos or Optovue
imaging
Lorem Ipsum Dolor
43%
Private label brand
Lorem Ipsum Dolor
29%
Same day service
Lorem Ipsum Dolor
26%
Low vision
Lorem Ipsum Dolor
19%

Are You Ready to Amplify Your Investment?

selectarrow-up linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram