Ref# 5312
London
ROI Corporation is delighted to present this excellent opportunity for ownership in London. This will be a share sale. Our client’s transition is flexible. Located in a busy strip plaza, for almost 40 years, with excellent visibility and parking, our vendor has enjoyed a successful career and is now ready to transition away from management and ownership. Acquiring an office of a proud owner that is firmly rooted and respected in the community has many advantages. Year after year, the practice has a consistent revenue of over $1.2 million. They are on track to surpass $1.3 million in the current fiscal year. The successful purchaser can easily increase revenue through the strong hygiene program of ~45% of gross, a consistent flow of new patients, retaining the 15+ procedures currently referred out, and the expansion of office hours.
Highlights of this facility include:
- Over 2,000 active patients
- 10-15 new patients each month
- Extremely strong hygiene program delivered by 4 hygienists representing approximately 45% of production
- Excellent opportunity to expand hours as the clinic closes weekdays at 5pm – no evenings or Saturdays
- Non-assignment practice (with a few exceptions) with 80% of patients with excellent coverage. Minimal social service and the practice accepts CDCP
- Software is Dentrix
- Clinic has 4 operatories within just under 1,500 square feet. The current lease runs until 2036 with renewal options
- A demolition clause does become available to the Landlord after November 2034; however, the landlord has confirmed there are no plans for demolition and continues to invest in the maintenance of the property
- Excellent collection policy