Practices For Sale

Ref# 4778

Status: New

Location: Quebec

Gross Revenue: $373,320

Appraised Value: $390,250

Asking Price: $390,000

Cash Earnings: $150,830

Ottawa-Gatineau/Outaouais Region

After a successful 29-year career, including 17 years in this family-friendly area, the owner has decided to retire from their practice.  The office is on the ground floor of a new professional building in the heart of town. The practice has excellent street exposure and abundant free parking.

The practice operates within a convenient schedule of 4 days per week. The next owner could quickly increase income by adding more exam hours.

The office features a large open eyeglass showroom and a business/reception area. Clinically, it includes a pre-test room, one equipped exam room, and one ready-to equip exam room.

The successful purchaser should be able to converse in both French and English. Most patients speak English, but French is the working language in this practice.

Highlights of this practice include:

  • Well-established, solo-owned ECP practice
  • New office built in 2020
  • One Doctor per 8,335 area population in a quickly growing area
  • An additional exam room plumbed and ready to equip
  • Between 40 – 43.7% in cash earnings for the past three years
  • Lease renewal options until 2045
  • A 3D virtual tour is available

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request.
  • A Confidential Open (by appointment only) will be held on Sunday, August 28th, between 10 – 1 pm.
  • The Appraisal and the Offer Request Form will be distributed on Tuesday, August 30th.
  • The Offer Request Form must be submitted by Tuesday, September 27th.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
  • Offers must be submitted on or before Friday, September 29th.
  • A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due 2 days after the offer is accepted.

For more information or to schedule an appointment, please contact Lance Edwards, Sales Representative, lance@roicorp.com (416) 474-9741.

 

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