Viewed by 453 people
|Ref# 4423||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
Sale Structure: Share Sale
An opportunity to acquire a general family practice located in the highly sought after West GTA.
This 1,600 sq. ft. practice is situated in a service-oriented retail plaza surrounded by a large residential family neighbourhood. The office features 3 operatories with a 4th plumbed and wired, ready to accommodate the future growth that this practice is sure to experience.
This bread and butter general clinic will have mass appeal, owing to its ideal location, outbound referrals, strong hygiene program, dynamic lease and convenience for both owner and patients alike.
Highlights of this Practice Include:
- An average of 18 new patients per month
- 883 patients have attended the practice in the past 12 months
- A vibrant hygiene program attributed to ~37% of gross income
- A secure lease with options to extend until 2038 and exclusivity within the plaza
- Approximately 98% of the patients have insurance coverage
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation Confidentiality Agreement
- A Confidential Open (by appointment only) is scheduled for Sunday, July 14, 2019
- Offers will be due no later than 4:00pm on Wednesday, July 24, 2019
- The vendor prefers a closing date of October 1, 2019
- Offers should be accompanied by a certified cheque payable to “ROI Corporation, IN TRUST” equal to 10% of the offered price for the practice
- ROI Corporation will prepare your offers in our standard forms for your lawyer’s review
For more information or to schedule an appointment for the Confidential Open, please contact Alexis Sweetnam, Sales Representative.