Practices For Sale

Ref# 4615

Status: Available

Location: Ontario

Gross Revenue: $549,680

Appraised Value: $567,300

Asking Price: $567,300

Cash Earnings: $167,820

Previously posted as Ref #4348

Material Change Announcement.

Dear valued customers,

In our original advertisement of this opportunity, the lease included a demolition clause. This is no longer the case. Our vendor has managed to negotiate a secure long-term future at this location, successfully working with the landlord to remove this troublesome clause. This new status will make for a smooth succession and certainly please financial institutions looking to finance the opportunity.

Mississauga

ROI Corporation proudly presents a remarkable opportunity to purchase a long-established small animal clinic. The office has spent decades interweaving its unique charm into the sprawling neighbourhoods in the heart of metro Mississauga. Our talented client is happy to associate during a transition period and potentially longer, looking to set a new owner up for success.

A testament to the hard-working staff and devout clientele, the office has demonstrated significant year-over-year growth of ~20% as of June 2021. Operating on limited hours and enjoying significant seasonal downtime the office continually manages to post healthy cash earnings that can easily be increased with an injection of new ideas and doctor’s hours, which it has both the demand and space to allow. The highly convenient location lends itself well to all marketing endeavours both traditional and online.

Highlights of this practice include:

  • Excellent client demographics
  • Well established vaccination program
  • Strong client demographics, high growth trend.
  • Significant scope to grow all procedural verticals.
  • Diet/Retail represents over 10% of practice revenue.
  • Well trained staff with a strong sense of business systems / Policies and procedures
  • Excellent local following that could be extended to the wider area
  • Ample Free parking with a generous working area
  • For the first half of calendar 2021, clinic revenue is up ~35% over the same period the previous year.

Additional Purchaser/Advisor Information:

  • A full updated appraisal will be provided within 24 hours to those who have completed a ROI Corporation confidentiality agreement and requested it directly.
  • Offers are being accepted immediately
  • 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
  • Our client prefers a closing date during the Fall of 2021

For more information or to book an appointment, please contact Mr. Robert Spillane, Sales Representative.

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