Practices For Sale

Ref# 4832

Status: Updated

Location: Ontario

Gross Revenue: $875,652

Appraised Value: $747,900

Asking Price: $600,000

Cash Earnings: $357,602

Previously, listed as Ref# 4615 – Material Change Announcement

Dear Valued Customers,

With a significant period having passed since the initial appraisal, we have reappraised the subject office to maintain an up-to-date document. The new appraised value is now $747,900. This office has outperformed most others and has seen a significant increase in the appraised value. Despite the increased appraised value, our client has kept his asking price significantly below appraised value and is encouraging all offers at this time.

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 September 2022. 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 doctors’ 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 the 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
  • Clinic revenue is up ~20% for fiscal 2022.

Additional features of this practice include:

  • 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
  • Your offer must be accompanied by a 10% deposit payable to “ROI CORPORATION IN TRUST”

 

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

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