Ref# 5354
Brampton
This is an ethnic Vietnamese family practice located in an established retail/commercial plaza in Brampton. The practice was built by the current owner in 2001
. It consists of two operatories plus a Pan in 828 sq. ft. and has been well maintained. It is neat and tidy and presents well. Rent is modest, at less than $ 2,000 per month. The plaza itself is extensive and low-rise, adjacent to a major road and with numerous businesses which draw traffic in. Parking is free and available. The lease runs to May 31, 2027, with an additional 5-year renewal option, but there is a demolition clause in the lease, subject to 12 months’ notice.
The practice has about 850 active patients with an annual revenue of approximately $500,000. Paper charts are used, but radiography is digital with sensors. The current owner would like to transition into retirement, but could remain as an associate under terms to be negotiated. The practice is not large, but it is well-established, well-managed, and profitable. It would provide a buyer with a safe investment at a reasonable cost and a stable base for relocating to larger premises in the future, if desired.
ADDITIONAL INFORMATION:
- A comprehensive Practice Profile will be distributed to interested buyers who have completed an ROI Corporation Confidentiality Agreement within 24 hours of request
- A Confidential Open (by appointment only)
- The Appraisal will be distributed upon request.
- ROI Corporation will prepare all offers for your lawyer’s review