Listing Status: Unconditionally Sold

4753

Waterloo Region, Ontario

ROI Corporation is proud to present an opportunity to own an established general family practice in one of the fastest growing regions in Canada.

Opportunity abounds in this clinic, which already boasts an incredibly solid business foundation. A new owner could see an immediate increase in production by retaining the various services referred out on a monthly basis in-house. Additional growth can be captured by expanding upon the traditional office hours as the practice is currently only operating 4-5 days per week and there is a backlog of both hygiene and dental work.

Our client takes great pride in his wonderful team and loyal patient base and is excited to pass this successful clinic along to the next caring owner as he transitions into retirement.

Highlights of this Practice Include:

  • The 1,780 sq. ft. facility features 4 operatories, upgraded sterilization, digital radiography and a pan.
  • The facility is owned by our client, offering the new owner the option to purchase the real estate and become their own landlord.
  • An established and loyal patient base with approximately 1,083 unique patients having attended the practice for treatment within the past 12 months.
  • A superior hygiene program, accounting for 36% of gross income.

CRITICAL DATES:

  • A Practice Profile will be provided to those who have signed a ROI Corporation Confidentiality Agreement within 48 hours of your request
  • The Appraisal available upon request.
  • 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 for the Confidential Open, please contact Alexis Sweetnam.

 

 

4510

Post-COVID Closure Update

Barrie

This practice has demonstrated exceptional recovery from the COVID-19 shutdown. Production for the months of July through to October 2020 have consistently exceeded figures for the same period in 2019 by an average of ~30%. 

Now is your chance to acquire an established dental practice in one of the busiest retail plazas that this rapidly growing and highly sought-after city has to offer!

This five-operatory practice offers a full range of cosmetic and general dentistry, while maintaining a strong hygiene program which contributes to 30% of gross income. The ~1,900 sq. ft. facility features modern décor, a newly upgraded sterilization area, digital charting/radiography and a panoramic x-ray machine among many other technological enhancements.

The space is proud to be equipped with Surgically Clean Air Purifiers to enhance patient and staff health and wellness in addition to following all other necessary safety precautions and infection control standards.

Highlights of this Practice Include:

  • The practice sees an average of 60 new patients per month
  • Exceptional exposure and visibility on one of the busiest streets in the city
  • Our client prefers to contribute to a smooth transition for the new owner by continuing to associate at the practice beyond closing
  • Several anchor tenants within the plaza, resulting in a large amount of foot and vehicle traffic
  • The practice does not accept assignment of insurance benefits, with the exception of a few patients under special circumstances

CRITICAL DATES:

  • A Practice Profile will be provided within 48 hours of your request
  • A Virtual Tour will be available to pre-qualified purchasers
  • Appointments to view the practice will be scheduled for Sunday, November 22, 2020 on a limited and individual basis for serious candidates
  • The Appraisal will be distributed to pre-qualified candidates on or after Sunday, November 22, 2020
  • Offers must submitted on or before Monday, November 30, 2020 at 3:00pm
  • 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 Alexis Sweetnam, Sales Representative.