Practices For Sale

Ref# 4092

Status: Sold

Location: Ontario

Gross Revenue: ~$866,030

Appraised Value: $1,339,510

Asking Price: $1,380,000

Cash Earnings: ~$422,530

West GTA

ROI Corporation is very pleased to offer this beautiful dental practice located on the ground floor of a long-standing, busy shopping mall.

With great exposure to vehicle and pedestrian foot traffic, this practice is located in a densely populated segment of the West GTA.  This general dental practice is situated in a spacious 2,254 sq. ft. suite and has 6 plumbed operatories, 4 of which are presently equipped.

Production from this impressive practice is nearing $75,000 per month and revenue has grown at least 15% each year for the last four years.  Collections are remarkable, as very low outstanding receivables exist.

The practice treats approximately 860 patients on a regular, recall frequency. The hygiene program generates approximately 26% of gross billings.

Highlights of this practice include:

  • An average 26 new patients are introduced monthly
  • Long-term premise lease – extending to 2027
  • Digital radiography and record keeping
  • Practice was purchased and renovated in 2011
  • Owner is open to an orchestrated transition

Additional Purchaser Information:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • A Confidential Open (by appointment only) is scheduled for Sunday, September 18, 2016
  • The appraisal will be available on Tuesday, September 20, 2016
  • Offers will be accepted no later than Wednesday, October 5, 2016
  • ROI Corporation will prepare your offers on our standard forms for your lawyer’s review
  • Your offer should be accompanied by a deposit equal to 10% of your offered price and made payable to “ROI Corporation IN TRUST”

For more information or to schedule an appointment, please contact Doron Eisenberg.

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