Practices For Sale

Ref# 5107

Status: Available

Location: Ontario

Gross Revenue: $1,002,460

Appraised Value: $753,510

Asking Price: $710,000

Cash Earnings: $80,400

TORONTO – 

ROI Corporation is pleased to announce the sale of 2 optical stores.   Each can be separately sold or purchased as a package. See REF# 5106

This opportunity for ownership is the right investment in one’s future for someone who has an entrepreneurial spirit.  To be a successful owner, one needs a winning strategy to manage operations efficiently and establish a competitive presence.  In the case of each of these stores, this has already been established as these businesses are poised for further growth.  Operating in affluent neighborhoods, an optometrist or optician can easily take these to the next level.  The store in midtown Toronto generates over $700,000 in revenue and is listed for $710,000 plus inventory.   The second location, in the Leslieville/Riverdale area, generates ~$470,000 and is listed for $399,000 plus inventory.  Each store has an optometrist, but there is definite room for expansion.

As members of a national franchise, a new owner will benefit from:

  • Training Before and After
    Ongoing training for owners and staff as well as tools to help simplify management.
  • Established Supply Chain
    A brand’s buying power enables an owner to enjoy discounts with vendors.
  • Operational Expertise/In-House Support
    Streamlined processes, expertise, insights, and ongoing owner support.
  • National Marketing
    Create brand awareness through national advertising campaigns.

The vision care industry will continue to experience rapid growth over the coming decades as more Canadians age and the demand for eye care increases. For ambitious individuals who wish to work for themselves and own their own businesses, these are opportunities not to be ignored.

For more information, please contact Lance Edwards at lance@roicorp.com.

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