Practices For Sale

Ref# 4806

Status: New

Location: Alberta

Gross Revenue: $371,268

Appraised Value: $546,150

Asking Price: $545,900

Cash Earnings: $139,368

BLACK DIAMOND

ROI Corporation is thrilled to present the opportunity to own in the budding, vibrant community of Black Diamond. Nestled in the Foothills of the Rocky Mountains, just 30 minutes south of SW Calgary and 20 minutes west of Okotoks, Black Diamond is the outdoor enthusiast’s dream. Homeownership in the community outpaces the province and country by a large margin. The patients are here to stay. On January 1, 2023, Black Diamond is amalgamating with Turner Valley to become Diamond Valley and grow their economies together. An abundance of new and future development makes this opportunity so exciting.

Currently, the community is older and more mature. The clients are loyal and like to shop locally. Being the only optometry clinic in the area, these patients are repeat customers and have become family.

The clinic is highly visible, centrally located downtown and conveniently on the main street through town. Residential surrounds the area. The 1,500 sq. ft. facility includes two exam rooms, two washrooms, a staff room getaway, and a naturally illuminated reception and retail space. The office is open five days a week with no evenings or weekends. The optometrist is only available on three days, 17 hours a week. The practice runs smoothly with very low accounts receivable. Retail sales of frames, contacts and sunglasses account for 65% of the gross income. This practice is ready for a buyer to push it to the next level and join in on the energy of the Foothills!

Highlights of this practice include:

  • Only optometry clinic in this area of the Foothills
  • Well-established practice started in 2010, moved to current space in 2015
  • Fully digital office
  • Negligible Advertising (than 1% gross)
  • 80% of patients covered by insurance

Additional Purchaser / Advisor Information:

  • The Practice Profile will be distributed to the Webinar registrants 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 all offers on our standard forms for your lawyer’s review

 

For additional information please contact Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.

 

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