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Sale Structure: Asset Sale
This is a warm start clinic with immediate cash flow in a stunning facility with a masterfully negotiated lease. Enjoying prominent exposure and exclusivity in a large, bustling, retail plaza in the mushrooming suburbs of the east GTA. The office has shown continued growth on an extremely limited schedule by gaining an abundance of new patient flow due to its proximity to a combination of service oriented purveyors and large anchor tenants.
Take the immense stress and unforeseen cost of building a facility from scratch and step into an immaculately appointed turnkey facility. Our client established this facility in 2013 and commenced practice while maintaining an intensive schedule in other long established locations. With great reluctance they have elected to let the practice go due to family and professional commitments that reduce their ability to service the growing demand.
Highlights of this practice include:
- Exclusivity in the plaza
- Lease runs to 2036 (current term to 2021)
- 4 operatories (3 fully equipped) with a Pan in ~1,300 sq. ft
- Fully digital, ultra-modern space
- Asset sale
- Private office
- Monthly production $10K - $15K - limited by minimal owner availability
- Abundant parking
Additional Purchaser/Advisor Information:
- An Open will be held on Sunday, May 26th 2019 at 9AM
- A Practice Profile will be provided to qualified candidates who have completed a ROI Corporation confidentiality agreement
- A full appraisal of the practice will be provided to interested parties after the Open
- Offers will be due no later than 4:00pm on Thursday, June 6th 2019
- The vendor’s preferred closing date is Summer 2019
For more information or to book an appointment for the Open on Sunday, May 26th, please contact Rob Spillane.