Practices For Sale

Ref# 5088

Status: New

Location: Alberta

Gross Revenue: $291,252

Appraised Value: $338,900

Asking Price: $338,900

Cash Earnings: $40,479

COCHRANE

ROI Corporation is delighted to present the opportunity of ownership in Cochrane, one of the fastest growing communities in Canada! Cochrane, just 35 minutes northwest of Calgary, has it all. Home ownership is phenomenal at ~84%, and the average household income is exceptionally high, surpassing that of Calgary.

Situated at the end of a retail plaza, the clinic is easily noticeable. This 1,595 sq. ft. facility features two exam rooms, a pre-test room, a lab, two washrooms, and a naturally light-filled reception area and retail space.

The office is open five days a week, with the optometrist working only 34 hours over four days. Additionally, the owner takes 11 weeks of vacation annually. Retail sales of frames, contacts, and accessories account for 56% of the gross income. No sunglasses are sold, which is an area that could be supplemented. The patient base is loyal to the location and the services provided. The structure of the clinic provides many opportunities to grow the practice and improve the bottom line.

Highlights of this practice include:

  • A long-established practice started in 1995 and moved to its current location in 2015
  • Easily accessible, ample parking
  • Insignificant advertising (~ 1% gross income)
  • Non-Assignment
  • ~3,000 patients have been seen in the last two years

Additional Purchaser / Advisor Information:

  • A Practice Profile will be provided within 24 hours of your request
  • The Appraisal and iGuide photography package 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
  • 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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