Practices For Sale

Ref# 4132

Status: Sold

Location: Ontario

Gross Revenue: ~$302,450

Appraised Value: $440,480

Asking Price: $475,000

Cash Earnings: ~$50,970


This is an opportunity to purchase an established practice located on the ground floor of a high traffic retail plaza in Brampton. Additionally, the new owner will have the good fortune to enjoy exclusivity for dentistry in the plaza.

A functioning office with an active patient base and an ability to scale quickly is the inherent potential in this opportunity. The office consists of 4 operatories (2 equipped) in 1,642 sq. ft. The vendor owns the unit in which the practice is located and would be delighted to negotiate a long-term lease with the new dentist.

The vendor does not work at the practice. It is associate run and turnover of associates has resulted in declining production. Nevertheless, there is a robust recall program and it is anticipated that the practice would do very well with a regular, solo dentist owner on site.

This is a chance to acquire an established, active practice in a superior location for less than the cost of building a new practice. It represents a great opportunity for a solo dentist wanting to establish their career in their own practice instead of as an associate.

Highlights of this practice include:

  • Presently only 2-3 days of hygiene and dentistry
  • Annual production $300K – $400K
  • Hygiene represents approximately 33% of gross production
  • Approximately 1,098 active patients
  • The practice is digital and paperless
  • Four part-time associates
  • Three part-time hygienists

Additional Purchaser/Advisor Information:

  • A practice profile will be provided within 24 hours of request to those who have completed a ROI Corporation Confidentiality Agreement
  • An Confidential Open (by appointment only) will be held on Sunday, November 6, 2016
  • The Appraisal of the practice will be made available to those interested on Wednesday, November 9, 2016
  • Closing must take place prior to December 31, 2016

For more information or to book an appointment, please contact Bill Alton.

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