Listing Details
Co-op commission: 4
Business Type: Other Health Care and Fitness Business
Year established: 2019
About the Business
Growth and expansion potential:
Substantial with the business operating full time and active owner operator.
Support and training for new ownership:
As required for the new operator depending on prior experience and knowledge.
Reason for selling:
Admin Issues
Description
Gross rent is only $3,145.69 for 900 sq ft of the physio clinic and common area like reception etc. The utilities are evenly split between all 3 portions of the center i.e., physio, pharmacy and medical clinic which comes roughly around $250-300 per month (as per the owners). There are 2 years left from the original lease term of 5 years started in 2020 with additional couple options with very minor rent escalation. (With new owner the rent might increase a bit with the market and new lease) The clinic is only operating 2 days from August of 2022 after COVID per the owner occupied with the other 3 clinics in Woodbridge, Scarborough and Pickering. There is huge potential to be exercised with the right entrepreneur opening the clinic full-fledged hours. There will be another doctor to be added on to the medical clinic in the near future.
Location & nearby
This listing is located in Vaughan, ON L4H 0Z4
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