Practices For Sale

Ref# 4178

Status: Sold

Location: Alberta

Gross Revenue: ~$443,540

Appraised Value: $422,180

Asking Price: $422,180

Cash Flow: ~$165,650

*To be sold in tandem with Ref #4177

Southern Alberta – Location 2

The picturesque landscape of rural, southwestern Alberta provides the idyllic backdrop for this twin pronged opportunity to acquire two well established Optometry practices just east of the Canadian Rockies.

Both practices are purposefully located in growing communities having the ability to capitalize on the fact that they have little competition in both locations. Additionally, our client has invested significant marketing dollars in website and SEO development to tastefully build a consistent brand that serves to harness existing patients and drive new business to both locations.

The older of the two locations was established in August 2012 under a separate name. The practice was further consolidated in 2014 with the addition of a partner. The second practice, which was established in 2014 was completely renovated and occupies a very esthetically pleasing boutique location with a storefront location.

Highlights of this practice include:

  • Open 5 days/week
  • Exceptionally appointed
  • One of only two practices in the town
  • Cash earnings of 36.8% in 2016

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

For more information or to schedule a viewing, please contact Dr. Dev Mangat.

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