Winnipeg: Shares in an Optometry Practice - REF: Winnipeg Optometry
$775,000 CAD
Asking price: practice: $775,000 (appraised $1,088,259)
REF#. : Winnipeg Optometry
Available: 23/06/2020
Province: Manitoba
Type: Shares in an Optometry practice
Region: Winnipeg
SQFT: 1,800 sq/ft & 1,000 sq/ft
Gross Rev: $1,368,477 (Seller)
EBITDA: $585,273 (Selle)
Status: SOLD
MBC is pleased to consult in the transfer of this extremely well established and thriving optometry practice in a cost sharing arrangement. This is a rare opportunity to purchase an optometry practice with a very large, loyal client base that has a strong gross revenue, excellent cash-flow, and has a stellar reputation within the surrounding communities. Experience a 3-4 day workweek (including ~8 weeks vacation) while maintaining a very high owner operator cash-flow with the split of expenses through the cost sharing arrangement.
You will instantly benefit from a well-trained staff, strong managerial principals, excellent branding and reputation, and the freedom to take holidays from your first year of ownership providing a wonderful work/life balance. The owner is available and willing to provide a strong recommendation and transition period to ensure the client base is properly transferred to the next fortunate optometrist.
With multiple locations and an owner work week that is self-determined, one could expect strong continued growth within an environment of fixed overhead.
Practice Highlights
· Well above average owner operator cash-flow
· Long standing practices
· Extremely well branded and very reputable
· Many pieces of state-of-the-art equipment
· Cost-sharing arrangement– reduces expenses increasing retained cash-flow
· Well trained staff
Private and confidential practice viewings will be held by appointment only.
The full appraisal package is ready and will be sent to those interested parties once a confidentiality agreement is signed.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this great opportunity, please contact Jon Walton.
Jon J. Walton, BSc, C.C.O.V.I
General Manager and Sales Representative
Direct: 519 829 5953