Practices For Sale

Ref# 4904

Status: Available

Location: Ontario

Gross Revenue: $445,500

Appraised Value: $453,630

Asking Price: $460,000

Cash Earnings: $70,000

ORLEANS

ROI Corporation is pleased to present this exclusive optometry practice listing in Orleans, Ontario. Serving its community for over 26 years, the practice enjoys a loyal client base and has earned a strong reputation for patient care. This practice is in a single-story commercial plaza consisting primarily of professional services, including an urgent care medical clinic.

The practice is located directly off a 4-lane highway that connects Ottawa to Orleans. The community features mainly single-family homes and is beside the premier enclosed mall.

This well-established location offers a full range of services and is a dispensing practice. Expandable from 1,752 sq. ft. to 3,000 sq. ft.

The owner is happy to stay part-time to ensure a successful and smooth transition. The practice presents many opportunities to increase income.

The successful purchaser should be able to converse in both French and English.

Highlights of this practice include:
  • Two exam lanes with room for expansion.
  • Optos, Topcon retinal camera, auto refractor and NCT
  • Population per Optometrist is 1: 7,739.
  • Exclusivity in the plaza
  • 60/40 produce-to-service ratio
  • 95% of patients are covered by Optometry insurance.
  • O-Train East extension in 2024.
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 an 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.

Please contact Lance Edwards, Sales Representative

lance@roicorp.com, (416) 474-9741

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