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32614775
32614776

708 North Jefferson Street, New Castle, PA 16101

JS
PA PA AB069407
REAL of Pennsylvania
Listed by REAL of Pennsylvania
$350,000
22 days on market
Updated 21 days ago

Successful Eye Practice Avaiable

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 2,000
Units 1
Tenancy Single
Class A
Year Built 2009
Zoning Com
Ground Lease No

Eye Practice Available

Marketing description

Priced $80,000 Below Appraised Value — Independent 2021 FMV appraisal: $430,000. Offered at $350,000 — immediate equity on day one.

Revenue-Generating from Day One — Collections approaching $2.04M annually. No patient acquisition, no marketing ramp, no startup losses.

Scheduling Demand ~1 Month Out

Consistent forward booking signals practice-level loyalty — demand belongs to the practice, not a single physician.

Physician Continuity Built In — Current physicians committed to 6–12 months post-close, protecting referrals, patients, and clinical stability.

Experienced Staff Retained — Trained front-desk and clinical staff eliminate recruiting, onboarding, and ramp-up costs. - Insurance Credentialing In Place — Billing relationships are live. Avoid months of credentialing delays that plague de novo starts. - Medically Focused — No Retail Complexity —

Lean, recurring medical revenue with higher margins. - Limited Local Competition — Established market presence with community trust and referral relationships built over years. - Replacement Cost Advantage

Buildout, equipment, credentialing, staffing, and patient development for a comparable practice: $500K–$800K+ and 3–5 year

Investment highlights

This confidential offering presents the acquisition of an established, physician-led optometry practice in Western Pennsylvania — at $80,000 below its independently appraised fair market value. With a loyal patient base sustaining scheduling approximately one month in advance, experienced staff prepared to remain through transition, and current physicians committed to 6–12 months of post-close continuity, this acquisition delivers immediate healthcare revenue without the years of ramp-up a de novo practice demands. Historical annual collections have approached $2.04M across three consecutive measurement periods, driven by a diversified mix of insurance-covered medical eye care. An independent third-party appraisal completed in 2021 established fair market value at $430,000. The Practice is offered today at $350,000 — representing immediate equity at acquisition. Practice name, address, and complete financials are disclosed upon NDA execution.

Listing Contacts

JS
PA PA AB069407
REAL of Pennsylvania
Listed by REAL of Pennsylvania

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Additional Information

Name
Jim Schons
License
PA AB069407
Brokerage
REAL of Pennsylvania
Brokerage Phone
4129990722
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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