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Eastern Ontario – Established Optometry Practice with Real Property AvailableAsking Price for Real Property: $600,000
ROI Corporation is pleased to represent this solo-owned optometry practice located in eastern Ontario, midway between Ottawa and Montreal.
With a history spanning four generations, this practice has earned an excellent reputation within the community, developing a loyal patient base built on trust, quality care and longstanding patient relationships.
Approximately 1,886 comprehensive eye examinations were performed in the past 12 months, with new patients accounting for approximately 30% of examinations. With doctors currently booked 6 weeks in advance, the practice continues to demonstrate strong patient demand.
The practice has generated 7-figure gross revenue and has remained consistent over the past several years, with cash earnings of approximately 36%.
The facility is fully digital and equipped with modern diagnostic technology, including three examination rooms, a dedicated glaucoma testing room, advanced diagnostic imaging and visual field-testing equipment. An established optical dispensary provides an additional revenue stream, with minimal accounts receivable.
The Vendor currently maintains a limited clinical schedule, providing an incoming owner with an opportunity to increase doctor hours and build upon the existing patient demand. There may also be opportunities to expand services and retain additional procedures within the practice.
Adding to the appeal of this opportunity, the commercial property is also available for purchase or rent, providing a purchaser with the opportunity to own both the practice and the premises. For the right buyer, this offers the added benefit of being your own landlord, providing greater control over occupancy costs and long-term security for the practice location.
The vendor is committed to supporting a smooth transition, ensuring continuity of patient care and assisting the incoming owner in becoming established within the community.
This is an excellent opportunity for an optometrist looking to acquire a Turn-key practice with consistent revenue, strong cash flow, an established patient base and room for continued growth. The opportunity to purchase the real estate further enhances the offering, allowing a purchaser to invest not only in the practice, but also in the property from which it operates.
Practice Highlights:
Ground-floor, plaza-style property available for purchase, with an appraised value of $600,000.
Substantial investment in modern equipment and diagnostic technology.
Fully digital practice utilizing Visual-Eyes practice management software.
3 fully equipped examination rooms and a dedicated glaucoma testing room.
Potential dry eye treatment room with an existing modern reclining chair.
Strong, established optical dispensary.
Approximately 20 to 30 new patients per month.
Established patient base with consistent revenue and opportunities for continued growth.
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