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Dental Practices

Ontario

Viewed by 3052 people

Ref# 4023 Gross Revenue Appraised Value Asking Price Cash Flow
Status: Sold $1,057,720 ~$1,578,620 $1,600,000 ~$410,000

Sale Structure: Share Sale

Mississauga, Ontario

An excellent opportunity is now available to purchase a premiere, owner operated family practice in the highly desirable city of Mississauga.  This store front practice is located in a retail plaza on a very busy intersection with excellent exposure and traffic.  This professionally designed practice was built 10 years ago and consists of 4 very well equipped operatories, two additional ops that are plumbed/wired, along with a Pan, consult room, private office and staff room.  A secure 10 year lease is currently in place.

Highlights of this practice include:

  • 31% of production is generated by the hygiene department
  • 20+ new patients per month
  • The practice does not accept assignment, including for new patients
  • Very low accounts receivables and excellent collections
  • All staff are on proper written employment agreements
  • Located in a desirable residential neighbourhood with access to a major highway
  • The office is fully paperless and utilizes digital x-rays

This is an exceptionally well run practice with a location and new patient flow that will allow a purchaser to continue to build into the future.  Our client is also willing to entertain a short term, part time transition period to assist the purchaser.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be sent within 24 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, January 31st, 2016
  • An additional Confidential Open (by appointment only) is scheduled for Saturday, February 6th, 2016.
  • The Appraisal will be distributed on Tuesday, February 2nd, 2016
  • Offers must be submitted on or before Thursday, February 11th, 2016 at 4:00 pm
  • ROI Corporation will prepare your offers on our standard forms with a lawyers review condition
  • Offers that contain a closing date of Thursday, March 31st, 2016 will receive priority from our client
  • Offers that are accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice will receive preference.

For more information or to book an appointment, please contact David Rourke.

 



For More Details Contact

David B. Rourke

Sales Representative

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