Practices For Sale

Ref# 4402

Status: Sold

Location: Ontario

Gross Revenue: $715,050

Appraised Value: $777,910

Asking Price: $800,000

Cash Flow: ~$410,350

Western Ontario

This is an established general dental practice built 38 years ago by the current owner, who is now ready for retirement. The practice is located in a rural community in western Ontario, east of Lake Huron. It was built in a converted house, with excellent exposure on the main street of town, and the building is also for sale with the practice.

There is one, part-time associate in the practice. The Vendor works 3 days per week and the associate 2 days per week. There is one, full-time hygienist providing 5 days of hygiene per week. This is a family practice, serving all age groups.

Other highlights of this practice include:

  • Some recent renovations have been done in the practice
  • 3 operatories
  • Approximately 2,500 patients are registered with the practice
  • Great cash flow; ~55% cash earnings
  • Practice is closed 5 weeks per year for vacation
  • No evening or weekend hours
  • Radiography is digital
  • Vendor does not do any marketing

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided to those candidates who have completed a ROI Corporation confidentiality agreement
  • An Open (by appointment only) will be held on Sunday, April 14, 2019
  • The practice and building appraisals will be provided to qualified candidates on Tuesday, April 16, 2019
  • Offers will be due not later than noon on Friday, April 26, 2019
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice and building
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • The preferred closing date is Friday, June 28, 2019

For more information or to book your appointment for the Open on Sunday, April 14th, please contact Bill Alton, Sales Representative.

Request more details for this listing

In order to get an more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information