Ref# 5282
Durham Region (South)
This exciting opportunity is the full package. A highly engaged patient base continues to grow in a magnetic satellite town, with demonstrable future growth based on population flows and direct private and public investment. The stage is set for a new owner to add additional services, growing this already exceptional optometric centre. With the addition of services such as myopia management and/or dry eye therapy one can quickly expand upon these in-demand services.
No expense was spared in the conception of this professionally designed facility. There are 4 well-equipped exam rooms and 2 spacious pre-test areas. There is also a laboratory, a contact lens fitting/dispensing area, and a staff room. The eyewear showroom has a boutique feel nicely complemented by a multitude of designer lines flowing into a warm and well-proportioned reception and waiting area.
With ample free parking and a great location in a high-trafficked, service-oriented plaza, it is easy to see why this practice has continued its growth steadily year over year. The average monthly gross of the business exceeds $100,000 with abundant free cash flow of ~$350,000.
Highlights of the practice include:
- Owner is available for a harmonious transition
- Digital charting
- Over 50 new patients per month
- All staff members on employment contracts
- Very good demographic of patients with a high optometric IQ
- ~2,700 sq. ft. with competitive rental rates, exclusivity, and a secure term till 2036
- Despite demand, the office does not open on weekends
Additional features of this practice include:
- A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
- The Practice Appraisal, in its entirety, will be released electronically to interested parties
- Offers will be presented as received
- Within 48 hours of acceptance of an offer, we request a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
- Our client prefers a closing date in Early 2026