Practices For Sale

Ref# 4193

Status: Sold

Location: Ontario

Gross Revenue: $858,150

Appraised Value: $963,450

Asking Price: $995,000

Cash Earnings: $451,650

Mississauga, Ontario

This is a spacious, well established practice located in a professional building in north Mississauga. The practice consists of 4 operatories plus a Pan room in a practical 1327 sq. ft. enhanced by multiple windows that flood the practice with natural light. The owner is looking forward to retirement but would be open to staying for a short transition period.

Given the fact that the practice does no marketing or advertising whatsoever and the owner takes 5 weeks’ vacation per year, an opportunity immediately presents itself for the new owner to hit the ground running with extra doctor’s hours and a targeted marketing campaign.

The many fine features of this practice include:

  • No evening or weekend hours
  • 2 hygienists provide 7 days of hygiene per week
  • Annual production approx. $900K
  • Very good cash flow
  • Excellent transportation services to the building
  • Ample free parking
  • Few social service patients

An open for this practice will be held on Sunday, June 4th. Conditions for this sale are as follows:

  • A profile of the practice will be provided to those interested parties who have completed a ROI Corporation confidentiality agreement.
  • The full appraisal of the practice will be provided to interested parties only following the Open.
  • Showings at the Open will be by appointment only.
  • Offers will be due not later than Friday, June 16th
  • The closing date will be August 31st, 2017.

For a copy of the profile and to arrange an appointment to see the practice on Sunday, June 4th, contact Bill Alton.


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