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|Ref# 4330||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
Sale Structure: Share Sale
REDUCED ASKING PRICE - previously posted with an asking price of $529,000
Ottawa - South-East
A solo 30+ year practice is offered for sale in the city’s south-east area. It is a general practice that is expected to generate $360,00 in revenue in 2018. The Vendor works 3 days per week (Tues. and Thurs. to 3:30pm; Wed. to 6:00pm) 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.
The ability to speak Arabic is a key advantage for a new Owner. In addition, there is tremendous opportunity to increase services due to the current hours and referrals. The Vendor 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.
The Vendor is retiring, but is willing to assist in the transition upon terms acceptable to both parties.
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
- The Appraisal is available for interested parties
- Offers will be presented to the Vendor as received
- Our vendor is looking to close this practice sale in Fall 2018
For more information or to schedule an appointment, please contact Ann Wright.