Buying an Optometry Practice? Here’s How to Print Recurring Revenue and Build a Patient-Funded Profit Machine

August 04, 2025
Topics: Vision
Written by: Ally Comstock

Thinking About Buying an Optometry Practice? Don’t… Until You Read This

So you’re thinking about buying an optometry practice.

You’ve stalked the listings, calculated EBITDA like a Wall Street shark , and maybe even walked through a few offices, smiling awkwardly while someone explains how they “still use paper charts.”

Cool.

But before you drop 6 to 7 figures on a business that might come with ghost patients and 1998 pricing… ask yourself:

“How will I grow this thing — without burning out or becoming a slave to insurance reimbursements?”

Spoiler alert: The smartest optometrists aren’t just buying practices. They’re flipping them into subscription-based revenue machines using BoomCloud™.

Let’s show you how.


From Stressed Buyer to Subscription Boss

Meet Dr. Andy Morales.

In 2022, he bought a 35-year-old optometry practice in Nevada. Solid patient base, okay equipment, and an owner ready to golf full-time. He thought, “This will be easy.”

Yeah, right.

After the glow wore off, Andy hit the wall hard:

  • Insurance reimbursements down 12% YoY

  • Patients vanished after one visit

  • Overhead slapped him like a cold fish

But Andy had an epiphany. He didn’t need more patients. He needed more revenue per patient.

That’s when he launched a BoomCloud™ membership plan.

And everything changed.


Subscriptions Aren’t Just for Netflix Anymore

Let’s talk numbers — because numbers don’t lie.

Before BoomCloud™:

  • 2,300 active patients

  • $230K net profit/year

  • Average patient spent ~$300/year

After BoomCloud™ (18 months later):

  • 750 membership patients

  • $37,500 MRR

  • $450,000 ARR

  • Membership patients spent 3.4X more

  • 62% increase in treatment plan acceptance

Dr. Andy turned a traditional brick-and-mortar into a subscription-based, patient-powered business. No VSP. No BS. Just results.


BUYING AN OPTOMETRY PRACTICE: THE “REAL” CHECKLIST ✅

Forget what brokers tell you. Here’s what actually matters when evaluating a practice:

Revenue Isn’t Just Volume, It’s Value:

Ask:

  • What’s the revenue per patient?

  • How many patients are on a membership or loyalty program?

  • What % of revenue is recurring?

Red Flags to Watch:

  • ❌ Over 80% insurance dependence

  • ❌ High patient attrition post-exam

  • ❌ No patient reactivation system

  • ❌ Zero cash-pay options

Bonus Green Flags:

  • BoomCloud™ or another membership system in place

  • Strong email/text reactivation campaigns

  • High conversion on lens upgrades, dry eye services, etc.


Build a Membership Plan That Powers Your Practice

Whether you’re buying an old-school practice or launching a cold-start, here’s how to build a patient-funded recurring revenue stream with BoomCloud™:

5-Step Membership Launch Plan:

  1. Define your ideal patient (Vision Wellness? Dry Eye Warriors?)

  2. Create tiered membership offers ($25-$60/month)

  3. Bundle services: exams, discounts, treatments, VIP perks

  4. Launch to existing patient base with urgency

  5. Track your MRR + ARR and optimize like a SaaS CEO


SAMPLE MEMBERSHIP PLAN (STEAL THIS):

The “Clarity Club” Membership

  • $35/month

  • 2 exams/year

  • 20% off frames/lenses

  • $99 dry eye therapy add-on

  • Priority scheduling + text concierge

  • Annual retinal photo included

Patients love simplicity.
You’ll love predictable cash flow.


WHY MEMBERSHIP PATIENTS SPEND 2X–4X MORE

Here’s what BoomCloud™ data shows across optometry practices:

Category Non-Members Members
Annual Patient Spend $280–$350 $800–$1,200+
Visit Frequency Every 18–24 months Every 4–6 months
Treatment Plan Uptake ~35% 70%+
Lifetime Value (LTV) ~$1,000 $3,500–$5,000

Why? Because members:

  • Trust you more

  • Come in more often

  • Say YES to treatment

  • See you as their go-to eye care expert

That’s patient loyalty on steroids.


The $500K Recurring Revenue Turnaround

Let’s go deeper with Dr. Jasmine Patel in North Carolina.

She bought a fading practice in a tiny town with:

  • 1 optician

  • 1 front desk person

  • 0 digital anything

She went hard:

  • Upgraded tech

  • Kicked insurance to the curb

  • Launched a BoomCloud™ plan: Vision+ Club

One year later:

  • 602 active members

  • $28,500 MRR

  • $342,000 ARR

  • Cut marketing spend by 45%

  • 82% retention rate (read: patients stick like glue)

Dr. Patel didn’t “scale” by grinding. She scaled by creating high-leverage recurring income.

BoomCloud™ made her the only doc in town with a real business model. Now she owns the market.


WHY MEMBERSHIPS > DISCOUNTS, BUNDLES, AND COUPONS

Let’s break it down:

Why Discounts Suck:

  • Devalue your brand

  • Train patients to wait for deals

  • Attract price shoppers

Why Memberships Win:

  • Build loyalty, not price sensitivity

  • Generate MRR (Monthly Recurring Revenue)

  • Elevate patient experience with VIP vibes

This is the SaaS model applied to healthcare. And it works.


BOOMCLOUD™ = THE ULTIMATE REVENUE GROWTH PLATFORM

Features That Make It a No-Brainer:

  • Stripe-powered monthly billing

  • Automated emails + text onboarding

  • Real-time MRR/ARR dashboards

  • ️ Custom branding & plan design

  • HIPAA-compliant & patient-friendly

Pro Tip: Use BoomCloud™ to turn post-exam patients into long-term members with one click.


BUY SMART, BUILD SMARTER

✅ Buying an optometry practice? Good.
✅ Launching a membership plan to grow it? Smart.
✅ Using BoomCloud™ to automate recurring cash flow? Savage.

Whether you’re buying or building from scratch, the fastest path to optometric freedom is revenue per patient — not volume.

Stop chasing PPOs.
Start owning your income.


NEXT STEPS:

Head to BoomCloudApps.com
Book a demo or sign up
Launch your first membership offer this month
Watch your MRR grow and your stress shrink

My Top Podcasts

How Smart Practice Owners Attract, Retain & Create Recurring Revenue

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Membership Plans For Optometrists

vision-membership-plan-ebook Creating a patient membership plan is the smartest strategy to implement in your practice. You will increase patient satisfaction & loyalty, Increase predictable recurring revenue & increase sales!

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Jordon Comstock

Author Bio

Jordon Comstock is the Founder & CEO of BoomCloud™, a software that allows practice, clinic & spa owners to build, manage and scale a membership program. This helps practice & clinic owners to create recurring revenue & improve loyalty via membership programs. Jordon is passionate about Music, Hawaii, Healthcare businesses like: dentistry, optometry, med spas and massage spas. Schedule a demo of BoomCloud™ and learn how membership programs can improve your business. Here are more dental books to improve your practice

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