NORTHWEST ALBERTA OPTOMETRY PRACTICE - REF: NW AB
$566,375 CAD
Asking price - practice: $566,375
Asking price - real estate: $350,000
REF#. : NW AB
Available: 19/07/2023
Province: Alberta
Type: Optometry Practice
Region: Northwest Alberta
SQFT: 2,816 sq/ft
Gross Rev: $654,412
Cash-flow: $295,158
Status: NEW
Welcome to our exclusive presentation of this well-established optometry practice located in a town in Alberta, approximately 4-5 hours Northwest of Edmonton. The practice is in a single storey, standalone commercial building in the core of the town. Built in 2014, the practice owner purchased the building in 2014 and performed substantial renovations to create the Optometry practice and retail/dispensing area.
The practice has capacity as a two-doctor facility although the owner is currently the sole practitioner providing optometric services 4 days a week, offering no evening hours. Currently booking patients from Tuesday to Friday during regular business hours only, a new buyer has the opportunity to increase revenue simply by offering Monday hours as well as some evening and weekend hours.
The Practice has a large and growing patient base with approximately 48 new patients a month. The practice draws patients from a wide geographic area due to the lack of competition in the surrounding counties. The practice could easily open more hours and be busy on those days due to lack of competition.
You will benefit from a comfortable, fully digital facility. The premise is beautifully appointed with a spacious reception area which includes the front retail/ dispensing area. The practice features a pretesting area, one fully equipped exam lane (with the ability to install more lanes) and a well-stocked dispensary. The practice has ample space to accommodate growth.
Practice Highlights
Modern, profitable and fully digital practice
The practice is closed weekends and Monday and does not offer any evening hours when open.
The practice seeing approximately 48 new patients per month on average.
Opportunity to increase Revenue by opening Monday, as well as offering evening and weekend hours.
Real Estate available for long term lease or purchase.
The private and confidential practice viewings will be held by private appointment only, after hours when the practice is closed.
The full appraisal package is ready and will be sent to interested parties who sign a Confidentiality Agreement.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this opportunity, please contact Jon J. Walton at 519-829-5953 or jon@mbcbrokerage.ca.
Jon J. Walton, BSc, C.C.O.V.I
General Manager and Sales Representative
Direct: 519 829 5953