Ref# 5370
NW Ontario
There are many advocates who recommend starting your career as a practice owner in a less populated centre. Benefits include becoming part of a community, being part of an appreciative population, and having much less competition. ROI Corporation presents just such an opportunity in northwestern Ontario. This practice is a no-nonsense, low-overhead clinic with significant growth potential. The vendor has slowed down as they move towards retirement, having worked fewer days and referred more patients for specialty services. Despite this, the cash flow remains strong, and a full-time owner-operator would expect to immediately increase revenue.
A significant benefit to a purchaser is that this will be structured as an asset sale. Particularly for those who are new to ownership, this will be yet another bonus as you begin your wealth-building journey.
The vendor owns the building and will enter into a favourable long-term lease with the successful purchaser. Offers will be accepted as they are received, and as the vendor is motivated to enter a well-earned retirement, preference will be given to those that are able to close as quickly as possible.
Highlights of this practice include:
- Asset sale – immediate financial benefit to the purchaser
- Control over your facility with a long-term lease with no demolition clause
- Very little competition in the town
- Opportunity to transition quickly and establish your own practice vision
- Significant growth potential by adding more hours, referring fewer procedures (many of which are not complex), and adding services not currently offered
Additional Purchaser/Advisor Information:
- The Practice Appraisal will be provided within 48 hours of your request
- A site visit can be arranged privately through the Sales Representative
- The Offer Request Form will be provided to all inquiries and offers will be presented as they are received
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Our vendor is looking to close this practice sale as soon as reasonably possible
For more information or to schedule an appointment, please contact Dr. Drew Markham, Sales Representative.