Ref# 5226
Location: Lake Huron – Practice and Property Package must be sold together for a combined asking price of $3,100,000
ROI is proud to represent our client in the sale of this successful dental practice, as they prepare for a well-earned lifestyle shift. Located in a vibrant community on the shores of Lake Huron in Southwestern Ontario, this practice offers an appealing blend of professional opportunity and relaxed lifestyle.
The clinic spans 2,277 sq. ft. and is housed in a charming 1.5-storey standalone building.
The main floor includes a welcoming reception and waiting area, four operatories (one equipped with a pan), a lab, a storage room, and a dedicated panoramic room. The 792 sq. ft. upper level features a kitchenette, bathroom, private office or bedroom, and a lounge area. The partial basement houses the mechanical systems and offers additional storage. The property boasts excellent street visibility and ample free parking.
Established in 2009, the practice has been a valued part of the community for 16 years. It is attended by one, 4 day per week Associate and a recently added second Associate working 2 or 3 days per month on Fridays. Three (3) hygienists who provide 7-8 days of hygiene each week.
Its ongoing success is fueled by well-established systems and a resolute, experienced team. Although the practice is already thriving, there is significant potential for further growth, particularly by retaining specialty procedures currently referred out, enhancing marketing efforts, and extending clinic hours beyond the current four-day week.
Highlights of the Practice Include:
- Consistent cash earnings of over 40% year-over-year
- 2nd part-time associate (late-career gentleman) recently added
- Hygiene services contribute ~32% of revenue
- Potential to add a 5th operatory
- 2,250 loyal patients with a high dental IQ who prioritize and invest in their oral health
- Digital x-rays and charting
- Strong hygiene program booked 2-3 months in advance. Presently looking for a new hire
- Second floor, walk-up apartment for a travelling associate
Additional Purchaser/Advisor Information:
- A Practice Profile will be available to qualified purchasers within 24 hours of your request
- A Confidential Open by appointment only
- The appraisal will be available to all qualified purchasers
- Offers will be presented as received
- ROI Corporation will prepare all offers on standard forms for your lawyer’s review
- Your Offer should be accompanied by a deposit equal to 10% of your offered price and made payable to “ROI Corporation IN TRUST”
For additional information, please contact Bev Taylor, Sales Representative.