Practices For Sale

Ref# 4902

Status: Updated

Location: Ontario

Gross Revenue: $713,314

Appraised Value: $813,670

Asking Price: $713,670

Cash Earnings: $282,668


West of London – Updated – Improved Asking Price

“Our client is highly motivated to transition to the next phase of his life.  Although the asking price has been reduced, the doctor has maintained the production levels in order to make this an attractive and affordable opportunity. The new owner can be in this excellent location before the end of this year. Please contact Roopali Kapoor for a copy of the appraisal of this immediate opportunity.”

ROI Corporation is pleased to present this well-established optometry practice which has been servicing the community for nearly four decades!

The practice moved to its current location in 1998 when the opportunity presented itself for our client to become their own landlord. More recently, the space was renovated in 2016 to optimize patient comfort. Occupying 2,400 sq. ft., the facility feels very spacious and welcoming. Large windows facing the street provide abundant natural light to the reception area. Excitingly – the multi-unit building is also available for sale.

The municipality is home to over 20,000 residents. Rich in history, the town has great charm while still offering lovely amenities and recreational facilities.

Our client is a solo owner-operator with the support of 1 office administrator and 3 optometric assistants. The practice is open a traditional Monday to Friday with no evening or weekend hours. Approximately 3,196 patients have attended the practice in the last 2 years. The schedule and current patient demands could easily support additional optometrist hours.

Highlights of this practice include:

  • 2,400 sq. ft. facility
  • Building is also available for sale for an asking price of $760,000
  • ~10 new patients per month
  • Ample, free parking
  • 80% of inbound patients are by word-of-mouth referrals

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed to pre-qualified candidates who have completed a ROI Corporation Confidentiality Agreement
  •  Showings will be scheduled by appointment
  • Offers will be presented as received
  • A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due within 48 hours of offer acceptance
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

For more information or to schedule an appointment, please contact Roopali Kapoor, Sales Representative.


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