Practices For Sale

Ref# 5293

Status: Sold

Location: British Columbia

Gross Revenue: $1,109,004

Appraised Value: $1,491,570

Asking Price: $1,491,570

Cash Earnings: $393,779

KELOWNA

Well-established, Profitable, and growth-ready Okanagan Dental Practice for Sale!

Discover this exceptional opportunity to acquire an outstanding general dental practice located in the heart of Kelowna, the fastest growing city in the Okanagan. This practice is built on preventative and restorative dentistry and takes pride in its comprehensive care delivered in a welcoming, professional, and hospitable environment.

This fully digital, five operatory clinic occupies 1,651 square feet in a well-designed, efficient space. This solo practice operates four days per week with no evenings or weekends. There is excellent potential for revenue growth by expanding hours and bringing in-house the currently referred procedures, such as ortho, endo, complex surgeries, and implants.

The practice features a robust hygiene program generating an impressive 45% of gross revenue through 8 days per week. This mostly non-assignment practice has a healthy, expanding patient base.

The practice’s financial performance is strong, with an efficient 35.5% cash flow to the owner, supported by a long-term lease with renewals through 2039 and no demolition clause.

The clinic has a prime location in the center of Kelowna and boasts ample free parking for patients and team members.

If you are seeking a great investment opportunity while enjoying the beautiful Okanagan lifestyle, then consider this exceptional opportunity, as practices like this rarely come available in the Okanagan.

Highlights

  • 5 large ops
  • fully digital and pan is upgradable to pan/Ceph/CBCT
  • 8 days of hygiene providing 45% of gross revenue
  • 1,200+ active patients
  • 5-15 new patients per month
  • talented, long-term team
  • non-assignment
  • excellent lease with no demo clause
  • room for expansion

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed to qualified potential purchasers
  • Offer will be presented as received
  • 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

For more information or to schedule an appointment, please contact Dr. Marcia Boyd, Senior Associate and/or Elliott Broad Associate.

 

 

 

 

 

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