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Listings in Ontario
Scarborough, Ontario [Ref. #1020]
West Toronto, Ontario [Ref. #1019]
Etobicoke, Ontario [Ref. #1006]
Oakville - Downtown, Ontario [Ref. #1004]
North York, Ontario [Ref. #993]
Ontario [Ref. #944]
Durham, Ontario [Ref. #1015]
Niagara Peninsula, Ontario [Ref. #1011]
West Toronto, Ontario [Ref. #1010]
Scarborough, Ontario [Ref. #1008]
London, Ontario [Ref. #991]
Toronto, Ontario [Ref. #989]
East York, Ontario [Ref. #977]
Scarborough - West Hill, Ontario [Ref. #1013]
North York - Leslie and Sheppard , Ontario [Ref. #1012]
Southwestern Ontario, Ontario [Ref. #1005]
West Toronto, Ontario [Ref. #996]
Ref. #1020 | Indoor Mall , 6 operatory Family Practice , 50% partnership
This is an opportunity to purchase 50% interest in a well established family practice. This 6 operatory, 2,100 square foot practice has a large and loyal patient base from the area, but with the right purchaser has lots of growth potential. This mall is very busy, as it is a mainstay of the local community featuring good retail anchor tenants, exposure and foot traffic. There is a long term premises lease in place, and despite a demolition clause, there is likely a lower potential for this to be an issue, and it is reflected in the valuation.
The practice has operated in this same location for over 35 years, with the same 4 partners for the past 25 years. The practice is well equipped and still has room to grow. The total practice produces revenues of $1,550,000 to over 3,300 patients with cash flows to the owners of over $650,000. The ideal purchaser wants to align with the existing partners, as they will have a say in the final process. The existing partners are eager to have a new partner that will allow them to improve the practice, as well, the sellers are willing to associate back to ease the transition. The structure is that 2 of the 4 partners are selling. The current partnership is very well structured, and offers incentives to work and earn more if desired.
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