Practices For Sale

Ref# 4423

Status: Sold

Location: Ontario

Gross Revenue: $509,760

Appraised Value: $866,120

Asking Price: $866,120

Cash Earnings: $187,220

Mississauga

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
  • 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.

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