Practices For Sale

Ref# 4113

Status: Sold

Location: Ontario

Gross Revenue: ~$767,940

Appraised Value: $831,950

Asking Price: $950,000

Cash Earnings: ~$349,240

North of Toronto

This practice is located in the downtown area of a thriving community one hour north of Toronto. It is on the third floor of a professional building which is equipped with an elevator and is wheelchair accessible. The newly renovated, 2,000 sq. ft. practice contains 6 substantial operatories plus a digital Pan. The practice opened in 2001 and has been owned by our client since 2014.

Highlights of this practice include:

  • In addition to the owner, 3 part-time Associates work at the practice
  • Two hygienists provide approximately 5 days of hygiene per week
  • Approximately 1,100 patients attend the practice on a regular basis
  • Annual production in 2015 was ~$680,000 of which ~30% is generated by the hygiene program
  • The practice has an exclusivity for general dentistry in this 3 storey building

Additional Purchaser/Advisor 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, October 2, 2016
  • The Appraisal will be available on Monday, October 3, 2016
  • Offers will be accepted no later than Thursday, October 13, 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 Alexis Sweetnam.

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