St. Catharines Optometry Practice - REF#1663
$860,000 CAD
Appraised value - $855,889
REF#. : #1663
Available: 04/02/2025
Province: Ontario
Type: Optometry Practice
Region: St. Catharines
SQFT: 1,223 sq. ft. main floor
Gross Rev: $853,855
EBITDA: $410,989
Status: CONDITIONALLY SOLD
Welcome to the exciting presentation of this spacious, nicely established optometry practice. Expertly servicing the community, this single doctor practice has an extensive, organically growing, educated and loyal client base with the ability for strong future growth.
Step into a fantastic, stable, practice with well-trained core staff members and a high standard of practice quality. Offering no evening or weekend hours, this practice is poised for a strong transition and growth potential. The owner is happy to offer a transition period, to ensure the successful purchaser is fully comfortable within the practice and the client base is successfully transferred.
The practice is housed in a 1,223 square foot facility that has been wisely designed and decorated with cutting edge equipment and leasehold improvements. Complete with multiple exam lanes and an open concept design, this practice has plenty of space to continue to grow.
Successful effort and practice philosophy have enabled this practice to brand its image as a premier practice of choice within its community. Operating efficiently, while only offering weekday hours to 5pm, the practice should provide a new owner the ability to achieve continued economic growth and desirable cash flow while simultaneously enjoying a fruitful career.
Hospital Highlights
· I-File computer software in place
· Excellent owner operator Cash-flow
· Strong facility lease
· Limited to no marketing being done
· Excellent accounts receivable
· Excellent, organic community recognition
Private and confidential on-site practice tours will begin by appointment only, after hours or over weekends when the practice is closed. Facility tours will begin Saturday, February 22nd.
The full appraisal is ready and will be sent to those interested parties upon inquiry and after filling out a confidentiality agreement.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this rare opportunity, please contact Jon Walton.