SOUTHWEST ONTARIO OPTOMETRY PRACTICE - REF.# 1158
$942,391 CAD
Appraised and asking price - Practice: $942,391
Appraised and asking price - Real Estate: $1,500,000
REF#. : #1158
Available: 20/08/2018
Province: Ontario
Type: Optometry Practice
Region: Southwest Ontario
SQFT: 10,635 sq/ft
Gross Rev: $1,686,211
EBITDA: $581,758
Status: SOLD
Welcome to the exclusive presentation of this stand alone, well established and thriving optometry practice. This is an excellent opportunity to purchase, in full, an optometry practice and the Real Estate the practice is housed in. The Practice has a strong gross revenue, cash-flow and has an excellent reputation within the surrounding community allowing it to draw patients from a large geographic area.
You will benefit from a newly built facility with a well-trained staff and strong managerial principals. The Practice has a long history and was recently relocated to a stand-alone facility specifically built for this practice. This practice provides numerous specialties and therefore revenue streams. Due to an excellent practice reputation, the practice sees an average of 35 new clients per month while offering NO weekend or evening hours. The clients of this practice pay up front for services rendered and are responsible for collecting from any insurance provider themselves.
The Practice is spacious, professionally designed and decorated with state-of-the-art equipment. Enjoy 7 fully equipped lanes plus a large Pre-testing area, 3 Dispensing sections and a large Vision Therapy area. The Practice is paperless and has plenty of space for continued growth.
Business Highlights
· Long standing practice
· Opportunity to own building
· Large practice with 7 Lanes, Pre-testing and Vision Therapy
· 35 New clients per month on average
· Dispensing accounts for approximately 50% of Gross Revenues
· Associate driven practice with well trained staff
Private and confidential practice viewings (the open) will begin Sunday September 8th 2018.
The full appraisal package is ready and will be sent to those interested parties before the date of the open to those who have booked their appointment.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this great opportunity, please contact Irv Handler.
