Practices For Sale

Ref# 4264

Status: Sold

Location: Ontario

Gross Revenue: ~$623,960

Appraised Value: $766,470

Asking Price: $770,000

Cash Flow: ~$257,460

Downtown Ottawa

A mature general practice in the downtown core is offered for sale.  The practice is over 30 years old and boasts a loyal patient base.  The practice is open Monday to Friday with no evening or weekend hours, with five days of hygiene production.  2017 revenue is projected to be around $625,000, with hygiene representing 36% of the fees.  The office does not accept assignment of benefits.

This practice represents an opportunity for a new owner to provide additional services.   Crown and bridge and removable prosthetic services are provided, but generally all of the endo, surgery and orthodontics are referred out.

The 4-operatory practice has been updated with new leasehold improvements, practice management software and digital radiography.  The current premise lease expires at the beginning of 2019 and includes two five-year renewals.

The owner is willing to work with a new owner for 6 months or more for 1-1/2 days per week.

Please direct any questions to Ann Wright via ann@roicorp.com

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