Practices For Sale

Ref# 4474

Status: Sold

Location: Ontario

Gross Revenue: $890,148

Appraised Value: $1,092,370

Asking Price: $1,100,000

Cash Earnings: ~$451,228

Burlington

ROI Corporation is excited to present an opportunity to acquire an exceptional practice situated on the ground level of a retail plaza in the highly sought after west GTA. This listing encapsulates a wealth of KPI’s that will likely resonate with buyers across the industry.

With three well-equipped operatories, the practice boasts above industry average cash earnings, a vibrant hygiene program and a dedicated, hard-working team of employees. Being a traditional office with a commitment to excellence, success here has been based solely off of word-of-mouth referrals from a strong and loyal patient base, which is currently generating an average of 10 new patients per month. A new owner could easily capture further growth by thoughtfully tweaking marketing initiatives.

As is often the case in a traditional, busy owner-operated office, revenue verticals are apparent in the several procedures that are referred out monthly by either completing the procedures oneself or introducing a specialist as a part-time associate to the practice. The vendor is content to help facilitate a successful transition for the new owner by associating beyond closing.

Highlights of this Practice Include:

  • Approximately 1,350 patients have attended the practice in the past 12 months
  • Cash earnings are well above industry standards, averaging ~49.5% of gross income over the past 3 years
  • Preventative services are attributed to 46.58% of gross income
  • 90% of patients have insurance coverage
  • Exclusivity for dentistry within the plaza

For more information, please contact Alexis Sweetnam, Sales Representative.

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