ETOBICOKE OPTOMETRY PRACTICE - REF.# 1107
$1,099,575 CAD
Appraised and asking price of the practice: $1,099,575
REF#. : #1107
Available: 6/10/2017
Province: Ontario
Type: Optometry Practice
Region: Etobicoke
SQFT: 1,500 sq/ft
Gross Rev 2017: $1,070,836
EBITDA: ~$555,514
Status: SOLD
Welcome to the exclusive presentation of this extremely well established and thriving optometry practice. This is a rare opportunity to purchase, in full, an optometry practice that has a strong gross revenue, cash-flow, and has an excellent reputation within the surrounding community.
You will instantly benefit from a well-trained staff, strong managerial principals, and the freedom to take holidays from your first year of ownership. This practice has never offered weekend hours and only offers one night a week of semi-evening hours, yet still sees an average of 35-40 new clients per month. The clients of this practice pay up front for services rendered and are responsible for collecting from any insurance provider themselves.
As the practice has been in the same facility since the construction of the building, you will experience a continued long term relationship with the landlord as a anchor tenant, while receiving excellent lease rates per square foot.
Enjoy a professionally designed and decorated, spacious facility that will require little capital investment over the upcoming years. With many pieces of cutting edge, new equipment, 2 fully equipped lanes, and plenty of space throughout the entire facility, this practice has the space and layout required for continued growth.
Business Highlights
· Strong owner operator cash-flow
· Long standing practice
· Strong lease rate
· Many pieces of state of the art equipment
· 35-40 New clients per month on average
· Well trained staff
Private and confidential practice viewings will begin Sunday October 29th, 2017
The full appraisal package is ready and will be sent to those interested parties on the date of the open.
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