Ref# 5325
OTTAWA – WEST-END
3 PRACTICES – TOTAL ASKING PRICE – $4,710,000 and PROPERTY – ASKING PRICE $1,400,000
This opportunity is unique to the Ottawa area and provides an attractive offering that includes 3 separate practices and the property.
Each practice is independent of the others, and they are not conjoined in a partnership. All are located in a building owned exclusively by the dentists, a single-story building with parking.
History of Each Practice:
Practice A – Established in 1994, 940 sq ft, 4 ops plus one currently unused. 4 days/week, approximately 12 days hygiene. No evening or weekend appointments.
Last fiscal year gross revenue: $1,348,000.
Practice B – Established in 1998, 500 sq ft, 3 operatories, 4 days/week, 8 days hygiene. One evening.
Last fiscal gross $1,028,000.
Practice C – Established 2002, 444 sq. ft, 3 operatories, 4 days/ week, 4 days/hygiene
Last fiscal gross $791,000
As a bonus, owners of A and C are willing to associate on a reduced schedule.
Key information:
Prior to scheduling a visit or to register for the OPENS, all prospective purchasers are asked to supply a “Comfort Letter” from their financial institution stating that they have the resources to finance up to $6,500,000.
Timelines:
- The appraisals will be provided to qualified purchasers
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Your offer(s) should include a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered prices for the practices
- Please provide adequate timelines for all offer conditions in the range of 30 to 90 days. The Vendors will not agree to extend the conditions
- Preferred closing is Summer of 2026