Listing Status: Offer Registered

4959

Southwestern Ontario

Oral & Maxillofacial Surgery

Share Sale

Rarely does an opportunity present itself where every facet of a practice positively aligns for long-term success for the next fortunate owner. Welcome to practice #4959. This is an Oral & Maxillofacial Surgery practice that has thoroughly enjoyed extreme success for over 27 years. The current owner is planning on eventual retirement; however, they are more than happy to provide a healthy, extended transition period for the next owner to ensure the same long-lasting success and referring relationships are continued.

This practice is extremely lucrative; on a profoundly reduced work schedule, billings exceed $1.3 million annually, derived from the roughly 1,000 annual attending unique patients. In addition, the practice is non-assignment and AR is consistently low.

What is worth mentioning is that the practice consistently thrives even though the current owner takes over 5-6 weeks of annual vacation and operates the practice on a minimal 4-day workweek schedule. This presents a tremendous opportunity for any new motivated owner to drastically increase revenue by expanding the days/hours of operation.

This welcoming facility spans over 3,600 sq. ft. and is perfectly designed with the patient’s utmost comfort in mind. There are 4 fully equipped spacious operatories, 2 recovery rooms and sufficient space to facilitate an expansion of work for the next astute and ambitious owner. Even better is that the standalone property is owned by the practice owner, so you have the added opportunity to purchase the property along with the practice to ensure that the long-term success at this location is not at risk with alternative plans from any landlord.

With the ability to expand the production from the current reduced work schedule, the chance to own the property, and the opportunity to inherit 27 years of goodwill from a successful owner, all of the stars align for a long, successful, lucrative career for the next potential lucky owner of practice #4959.

Highlights include:
  • Approximately 1000 annual active patients
  • 4 fully equipped operatories and two recovery rooms in a 3,600 sq. ft. facility.
  • Clinical records, charts and X-rays are stored digitally.
  • Non-assignment practice with remarkably low outstanding AR
  • Ample room to expand on hours and days of operation.
  • Owner owned property with plenty of free parking for patients.
  • Property is appraised for $1.8 million.
  • Non-assignment practice with remarkably low outstanding AR
Additional Purchaser/Advisor Information:
  • A practice prospectus will be available upon request
  • An open will be held by appointment only
  • The Appraisal will be distributed by email
  • 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, please contact Doron Eisenberg, Sales Representative.

4951

Potential Partnership Opportunity 

Toronto

Our client is happy to sell 50% of this exceptional office.  The commitment to transition to a successful new owner is evidenced by this new offering.

Key Factors:

  • Gross revenue on track to exceed $6,000,000 (year end is December 31)
  • Current normalized net income: $1,172,060
  • 2 year normalized net income average:  $1,060,097
  • 6 Operatories
  • Open 7 days a week with room in schedule for more patients
  • Strong lease with long terms/renewals and NO DEMOLITION clause
  • 85% of patients with excellent insurance coverage and 95% live/work close to clinic
  • 200 new patients monthly
  • 50-100 emergencies per month
  • Approximately 4,300 individual patients seen in the last 24 months
  • Approximately 1,900 patients ready to book restorative appointments
  • Financing available from client’s bank for qualified purchaser

Additional Purchaser/Advisor Information:

  • Offers will be presented as received – there is no offer deadline
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

Please contact Jackie Joachim, Chief Operating Officer & Sales Representative, and/or Constance Oly, Sales Representative.