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|Ref# 4203||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Offer Drafted||~$772,080||$859,760||$895,000||~$298,380|
Sale Structure: Share Sale
West of GTA
This is a large, beautifully built practice located in a city one hour west of Toronto. The practice was built in 2015 and is run by three part-time associates and one full-time hygienist. The vendor does not work at the practice.
The practice has experienced rapid growth since its construction two years ago, with production this year expected to be near $800,000. There are seven operatories (3 equipped) plus a Pan in a 2,500 sq. ft. unit.
Other features of this practice include:
- Retail plaza location with exclusivity in the plaza
- Radiography is digital
- Lease extends to 2030
- Approximately 25% of the patient base is derived from social service
Additional Purchaser/Advisor Information:
- A Confidential Open (by appointment only) will be held on Sunday, July 23, 2017
- A Practice Profile will be provided to those who have completed a ROI Corporation Confidentiality Agreement
- The Appraisal will be provided to interested parties following the Open
- Offers will be due no later than Friday, August 4, 2017
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Closing will be no later than Friday, September 29, 2017
For more information or to book an appointment for the Open on Sunday, July 23rd, please contact Bill Alton.