Practices For Sale

Ref# 4509

Status: Sold

Location: Ontario

Gross Revenue: $854,050

Appraised Value: $1,121,160

Asking Price: $1,200,000

Cash Earnings: $455,120

Kitchener-Waterloo

ROI Corporation is thrilled to present an outstanding ownership opportunity in a cost-share practice. Our client operates their own practice but shares staff, rent and equipment with their cost-share partner.

Take control of your professional career with a solid performing practice that has captured the loyalty of their high IQ clients. This busy practice was built by our client through hard work and phenomenal professional service.

The Kitchener-Waterloo region offers the possibility to work and live in a prosperous and diverse community that is destined for further growth. Located in a highly desired and established venue, the professional building is surrounded by a dense residential area. The 1,594 square foot facility is home to top of the line diagnostic equipment and was recently renovated.

The remaining cost-share partner will be practicing for the next 2-3 years and is open to selling their practice to the new owner at that time. Our client is available to assist in a successful transition.

Highlights of this practice include:

  • Outstanding cash flow of ~50% of gross income
  • 36/64 diagnostic/sale ratio
  • High conversion rate by trained and engaged staff
  • On-site optician
  • ~90 new clients per month
  • Ample free parking
  • Paperless office
  • Optos Daytona system
  • Ziess and Topcon equipment

Additional Purchaser/Advisor Information:

  • 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 on our standard forms for your lawyer’s review

For more information, please contact Roopali Kapoor, Sales Representative.

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