Practices For Sale

Ref# 4371

Status: Sold

Location: Ontario

Gross Revenue: $90,590**

Appraised Value: $148,570

Asking Price: $95,000*

Cash Earnings: $82,290**

*Asking Price = $70,000 (Goodwill) + $25,000 (Assets)

Central Ontario

Our client has decided to take steps towards retirement by offering for sale this very well established, non-dispensing practice in cottage country.

The vendor has been attending this practice on a part-time basis for over 12 years. He is currently performing eye examinations on a bi-weekly schedule, 3 days per week. The practice is situated within a thriving optical store and is currently booked 8 weeks in advance.

This practice will appeal to a new graduate looking for an independent office with very little overhead or a mature optometrist wanting to live and work part-time in cottage country.

Highlights of this practice include:

  • Enjoy an instant cash flow with the opportunity to immediately increase gross income by expanding operating hours in this under-serviced area
  • Beautifully designed and well-equipped office with superior patient flow
  • 126 patients seen per month with a strong flow of approximately 12-15 new patients each month
  • The vendor is willing to assist the new owner with a successful transition
  • IFile computerized charting
  • Approx. 493 sq. ft. facility

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request to those who have completed a Confidentiality Agreement with ROI Corporation
  • The Appraisal will be available to qualified and interested parties
  • 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 all offers in our standard forms for your lawyer’s review

For more information or to schedule an appointment, please contact Alexis Sweetnam, Sales Representative.

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