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|Ref# 4330||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
Sale Structure: Share Sale
A solo 30+ year general practice is offered for sale in the city’s south-east area. The owner works 3 days per week (Tues and Thurs 8:00-3:30; Wed to 9:00-6:00) as well as 2 Saturdays per month. The dental hygiene department is efficient with a total of 3.5 hygiene days Tuesday to Thursday plus either 2 or 3 dental hygienists work on alternate Saturdays.
There is tremendous opportunity to increase services due to the current hours and referrals. The owner refers out all endodontics, surgery, periodontics and orthodontics.
The 770 sq. ft. practice consists of 3 operatories and a small staff area. The premise lease has 2 five-year renewals to November 2028.
The sterilization area is brand new with MCC lighted cabinets, cassettes, Bravo Sterilizer and Hydrim unit. The compressor is also new.
Highlights of this practice include:
- 900 – 1,000 active patients
- 38% of gross from hygiene
- 50% of patients are between the age of 25 to 50 years old
- Established location; high visibility
- The owner is willing to assist in the transition as required
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
- A Confidential Open (by appointment only) will be held on Sunday, June 10, 2018
- The Appraisal will be distributed on Tuesday, June 12, 2018
- The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
- Offers must be submitted before 6pm on Thursday, June 21, 2018
- 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
- Our vendor is looking to close this practice sale on or before August 17, 2018
For more information or to schedule an appointment, please contact Ann Wright.