Ref# 5373
Northwest GTA
For more than 35 years, this respected dispensing optometry practice has operated from the same highly visible downtown location, earning an outstanding reputation for exceptional patient care and community trust. Its long-standing presence, combined with continued growth in the surrounding area, makes this a rare opportunity to acquire a thriving and well-established practice in one of the GTA’s expanding urban centres.
The practice serves a large and loyal patient base, with approximately 12,500 unique patients seen over the past four years and an average of 20–30 new patients joining each month. New patient referrals are generated through a combination of satisfied existing patients and strong referral relationships with local family physicians and healthcare professionals, reflecting the trust and reputation the practice has built within the community.
A mature, successful optical department drives strong eyewear sales and high patient acceptance rates, contributing significantly to overall revenue and profitability. The practice carries an inventory of more than 500 frames (non-consignment). The office is fully digital, features two fully equipped examination rooms, with room for a third. The professional team includes dedicated support staff who assist with diagnostic testing, dispensing, and patient flow. Clinical services are provided by two full-time optometrists, including a long-standing associate who contributes to continuity of care and practice stability. The team’s experience, professionalism, and long tenure have been instrumental in the practice’s ongoing success.
Situated in a vibrant downtown district with excellent visibility, convenient access, and ample parking, the practice benefits from significant ongoing residential and commercial development. Six new condominium developments are currently planned or under construction within walking distance of the office, supporting continued population growth and increasing demand for optometric services in the area.
Our client is willing to remain involved for an agreed-upon transition period to support a seamless transfer of ownership and continuity of patient care.
Practice Highlights
• Approximately 12,500 unique patients
• 20-30 New Patients/month
• Over 500 non-consignment frames
• 2 fully equipped examination rooms with sufficient space to add a 3rd exam lane
• Minimal accounts receivable and well-managed financial systems
• 6 new condominium developments within walking distance, supporting future growth
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- A Confidential Open (by appointment only) will be held on Sunday, June 21st
- The Appraisal will be distributed on Tuesday, June 23rd
- The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
- Offers will be presented as received
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For more information or to schedule an appointment, please contact Bev Taylor, Sales Representative.