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Profitable Specialized Multi-disciplinary Rehab/physio In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$990,000 (CAD)
Sales Revenue:
$1,400,000 (CAD)
Cash Flow:
$243,500 (CAD)

Here's your opportunity to purchase an established and profitable rehab business in the north part of Toronto.

Business Highlights:
* Offers a variety of rehab modalities but specializes in neurological and geriatric conditions
* Stable in the community for years. Well established and consistently profitable
* Located in a busy area, on the ground floor, with thousands of homes hereby
* Easily accessible by walking, car, transit and subway
* Owner's selling due to retirement

Financial Highlights:
* Selling price = $990,000
* 2023 revenue = $1,400,000
* Normalized NOI = $243,500

Perfect opportunity for a rehab practitioner looking to take over an existing, well running and profitable business.

Property Information

Real Estate:

Lease

Lease Terms:

10 years + options

Leasehold Rent:

$145,000 (CAD) per annum

Location:

North Toronto - high traffic area, prime location.

Premises Details:

Leased, ground floor, embedded in a busy residential neighbourhood

Size in square feet:
2,600

Business Operation

Reasons for selling:

Retirement

Employees:
8
Years established:
2014

Other Information

Furniture / Fixtures value:
$50,000 (CAD)
Inventory / Stock value:
$10,000 (CAD)
Relocatable:
This business can be relocated.