Viewed by 1809 people
|Ref# 4396||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Multiple Offers Registered||$983,290||$1,510,380||$1,500,000||$494,670|
Sale Structure: Share Sale
An excellent opportunity for practice ownership in the GTA. ROI Corporation is pleased to present this well-established practice, that will be sure to appeal buyers looking to enter ownership in an ideal area. The clinic is ten years old, sustaining two part time Associates and has significant potential for expanded services. Our client wishes to sell to devote all efforts to another practice located in a different region of the GTA.
The practice is on the main level of an active retail plaza with other strong tenants in situ. Spanning almost 2,000 square feet, the facility has abundant room for further growth. There are currently 3 well-equipped operatories with 2 more plumbed.
The internal systems that have been developed, well-trained staff and move-in facility ensure that few changes or additional capital investment is needed. The practice is home to approximately 1,500 active patients, with hygiene representing 34% of the gross revenue. This is an assignment practice, averaging 20 new patients per month.
A Practice Profile for this clinic will be distributed upon request to parties who have completed a ROI Confidentiality Agreement on Friday, March 29, 2019. Buyers will also be able to view the Virtual Tour for 24 hours commencing at 5pm on Friday, March 29, 2019. A link and password will be provided and therefore, you must send an email to email@example.com to obtain these. Following the Virtual Tour, interested buyers will have the opportunity to contact us in order to be invited to the Exclusive Preview.
We will be hosting the Exclusive Preview on Sunday, April 7, 2019 at ROI North, 287 Queen Street South, Mississauga, ON, L5M 1L9. During this presentation, we will discuss specifics such as location, ownership, operations and financial results. Attendees will be expected to arrive at 9:30am with the presentation commencing promptly at 9:45am. Following the presentation, a physical tour of the practice will be conducted.
- 3 operatories with 2 additional plumbed
- Excellent location in a high foot traffic retail plaza with strong tenants
- Ample and free parking with public transportation access
- Gross revenue consistently averages $1 Million
- Significant scope to expand doctors’ hours
Additional Purchaser/Advisor Information:
- Exclusive Preview (9:30am-10:30am) and Confidential Open (11:00am-2:00pm) will be held on Sunday, April 7, 2019
- A Virtual Tour of the practice and Practice Profile will be available Friday, March 29, 2019
- The Appraisal will be released upon email request 5pm on Tuesday, April 9, 2019
- Offers will be due no later than 5:00pm on Thursday, April 18, 2019
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Lenders will support this transaction with 100% financing for clients with strong personal credit history
- Offers should be accompanied by a 10% deposit, payable to “ROI CORPORATION, IN TRUST”
For more information, please contact firstname.lastname@example.org.