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Sale Structure: Asset Sale
For over 25 years this long-standing practice has established itself as a highly profitable facility with a friendly atmosphere.
This exquisite facility is well equipped with 4 operatories and operates with low overhead. As a result, the practice generates excellent cash flow.
The staff’s devotion to teamwork results in a smooth and efficient work environment. In keeping with the values of teamwork, our client would be happy to assist in achieving a positive transition.
Highlights of this practice include:
- Easily accessible established location with ample parking
- All the operatories have natural light
- Approximately 2,900 patients attend the dental practice on an active recall program
- The accounts receivables are minimal
- Hygiene represents over 40% of gross revenue (based on the last 6 months)
Additional Purchaser/Advisor Information:
- A Confidential Open (by appointment only) will be held on Sunday May 15th, 2016
- A Practice Profile will be provided to those who have completed a ROI Corporation Confidentiality Agreement within 48 hours of your request
- The Appraisal will be distributed on Tuesday May 17th, 2016
- Offers must be submitted on or before 5:00 pm on Friday May 27th, 2016
- ROI Corporation will prepare your offers on our standard forms for your lawyers review
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
- Offers that contain a closing date of Monday August 1st, 2016 or later may receive priority with our client
For more information or to reserve your appointment for the Confidential Open, please contact Dr. Dev Mangat.