Someone else has taken all the risk and done the hard work for you! This long-established practice is almost 60 years old, but the current owner upgraded the equipment, added digital technologies, modern business systems and moved everything to a newer, more accessible, spacious location a little over 2 years ago. As a result of these dedicated efforts, the gross revenues of the practice are now more than two and half times higher than historic levels. This is the new normal; $1,491,065 (2018) and $1,477,872 (2019).
The owner is selling only because they own another practice and cannot keep the pace. The Associate is on contract and worked approximately 1,675 hours last year, while the owner spent 720 hours treating patients in this 4-Op, 1,800 square foot facility, located in the center of town. A full time – and very busy – hygienist rounds out the patient care team.
The practice may be situated in a small town, but it serves a catchment area of approximately 14,000 people – and the two practitioners at this office look after everyone! Do you think you’ll be busy?! Why struggle in the big city, wondering how you’ll manage to fill your week, or where the next patient is coming from – and whether or not they will stay?
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For more information, please contact Dr. Jeff Williams, Associate for Atlantic Canada.