Clinique​ Physio N Go​

1895, Boulevard René-Laennec, Vimont, Laval, Laval (ville), Québec, H7M 5K4, Canada
  • $75,000

Description

Physiotherapy, Osteopathy, Massotherapy clinic, in Laval, on the North Shore.
Beautiful premises, excellent condition, very well equipped.​
Easy parking.​
Perfectly located in an affluent area,​ close to a hospital and retirement homes.​
Well established clientele for ten years.​
Good current profits with a strong potential for possible development.​
Turnkey.​

GENERAL INFORMATIONS​

  • Type of business: Physiotherapy clinic, Osteopathy, Massage therapy​
  • Type of property: Business sale​
  • Business sector: Services – Health​
  • Reason for the sale: Family obligations​
  • List of equipment available: Yes, with approved evaluation report​
  • Date, deadline for signing the deed of sale and occupancy: 30 days or more​
  • Involvement of the seller after the sale: Possible for a successful transition​
  • Terms of financing by the seller: Possible​
  • Inclusions: 1° ridership; 2° all movable property, appliances and equipment used for the operation of the company (Appraisal Report $ 99,500); 3° all stocks of merchandise; 4° leasehold improvements in excellent condition, quality and taste.​
  • Exclusions: 1° accounts receivable; 2° accounts payable and debts; 3° bank accounts; 4° the name​
  • Good reputation and excellent reputation​

COMPANY DESCRIPTION​

  • In operation since: creation 1991 and since 2011 with this administration​
  • Stage of development: Growth​
  • Specifics of the company: personalization of care, individualized treatments adapted to the needs of each patient, several services in one place.​

HUMAN RESOURCES (great team)​

  • Management team: two co-owners​
  • Two full-time employees: a secretary and a physiotherapy technologist​
  • Part-time: a physiotherapist co-owner​
  • An osteopath and an independent massage therapist​

MARKET​

  • Market Description: Strong health market, developing even during pandemic, people are taking more care of their health​
  • Clientele: Waiting list, varied of all ages, clientele from the affluent neighborhood, clientele of an expanding seniors’ residence, clientele with direct access (without medical prescription) and with prescriptions from the surrounding clinics and the hospital who is next, loyal clientele​
  • Innovation: Use of online exercise software​
  • Description of the competition: Not very present in the sector​
  • Financial situation and forecasts: Good and growing​
  • Market opportunities: Steps in retirement homes and promoting the clinic. Possibility to open longer​

​OPENING HOURS​

  • Monday to Friday: 8:00 a.m. to 6:00 p.m.​
  • Saturday and Sunday: closed​

FINANCE​

  • Annual income: $ 225,123​
  • Year-end date: July 31​
  • Profit before taxes (EBITDA): $ 51,435​
  • Breakdown of income by sector: Physiotherapy 50%, Osteopathy 35% and Massage therapy: 15%​

FINANCING​

  • Bank name: Desjardins​
  • Line of credit amount: $ 56,000​

LOCATION DESCRIPTION​

  • Location: Small Shopping Center with independent exterior entrance​
  • Style: Local​
  • 4 closed offices with potential for a 5th, central sound system,​
  • Possibility of creating a doctor’s office with an adjacent examination room​
  • Surface area: 1,680 pc​
  • Patient places: 4 to 6 ​
  • Total space for 10 patients at the same time​
  • Monthly rent: $ 3,350 Gross with business taxes and fees​
  • Base rent/pc: $ 24/pc​
  • End of lease: July 31, 2021 + possible renewal 5 years or more​
  • Included in the Rent: Snow removal / Emptying / Business taxes / Lawn​
  • Number of outdoor parking spaces: Many with a disabled space, wheelchair access​
  • Type of ventilation: Air conditioning and forced air heating​
  • Lease guarantees: deposit $ 5,000, personal guarantee​
  • Near the Cité-de-la-Santé hospital​

​MARKET RESEARCH​

  • Location: Car friendly 10/10, Grocery stores 8/10, Public transport 7/10, Elementary schools 6/10, Cafés 6/10​
  • Neighborhood population profile: Population (2016): 33,503​
  • Population change between 2011 and 2016: 1%​
  • Population density: 2,685 inhabitants / km2​
  • Population by age group: Average 44 years old, <15 years old 15%, 15 to 24 years old 13%, 25 to 44 years old 22%, 45 to 64 31%, > 65 20%​
  • Household income: Average $ 87,512, Less than $ 50,000 31%, Between $ 50,000 and $ 80,000 24%,Between $ 80,000 and $ 100,000 12%, Between $ 100,000 and $ 150,000 20%, Over $ 150,000 13%​
  • Profile of private households: Average 2.5 people, Households with 1 person 26%, Households with 2 people 33%, Households with 3 people 16%, Households with 4 people 17%, Households with 5 people and + 8%​
  • Type of families: Couples without children at home 36%, Couples with children at home 47%, Single-parent families 17%​
  • Housing occupancy: Proportion of owners 73%, Proportion of tenants 27%​
  • Housing construction: Before 1960 6%, From 1961 to 1980 39%, From 1981 to 1990 35%,From 1991 to 2000 10%, From 2001 to 2010 9%, From 2011 to 2016 1%​
  • Type of housing: Single-family houses 52%, Semi-detached or row houses 13%, Buildings with less than 5 floors 35%​
  • Education: University 24%, College 19%, Secondary 24%, Apprentices or trades 15%, No diploma 18%​
  • Immigration: Non-immigrant population 75%, Immigrant population 25%​
  • Languages ​​spoken: French 70%, English 18%, Other languages ​​12%​

Visits

Appointment preferences: 24 hour delay​
Discretion and confidentiality requested

Stanislas Didier
Founding President
Canada : +1 514 618-9165
France : 07 66 37 69 66
sdidier@maydaystrategies.com
Benjamin Espaze
Real Estate Broker
RE/MAX L’ESPACE
514 581-9116
  • City Laval, North Shore Montreal, Rive Nord Montréal
  • Province Quebec
  • Country Canada

Details

Updated on June 9, 2021 at 8:56 am
  • Price: $75,000
  • Area: 1680
  • Category: Clinic
  • Loyer - Rent: 3350
  • Bail : July 31, 2021 + renewal 5 years or more

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