Practices For Sale

Ref# 4553

Status: Sold

Location: Ontario

Gross Revenue: $2,350,656

Appraised Value: $4,228,940

Asking Price: $4,651,834

Cash Earnings: $572,303

Barrie, Ontario

ROI Corporation is proud to showcase this incredible opportunity. This general family practice is an ideal target acquisition for the Investor Dentist™.

i-Dentist™ & Investor Dentist™ are licensed Trademarks of ROI Corporation.

Any use of these terms by others is strictly forbidden.

The level of attention, dedication and personal sacrifice our client has put into cultivating a positive and rewarding environment for staff and patients in this practice is unmatched. A commitment to hard work and excellence is observed across all aspects of this apex investment.

The practice is currently open Monday to Friday every week and one Saturday a month. This schedule accommodates the astounding patient base of approximately 2,600 active patients, which continues to see unbelievable growth with 40-55 new patients per month.

Highlights of this practice include:

  • Beautiful, modern stand-alone building converted into a dental practice in 2013
  • 9 operatories in a 3,825 sq. ft. facility (including the basement)
  • Utilizes all the high-tech equipment, I.E: Cerec Omnicam, iTero, digital pan/ceph
  • 12+ procedures referred out per month
  • Does not accept assignment of insurance benefits
  • Holds the 2020 “Consumers Choice” award
  • Currently employs two Associates, five Hygienists (including 2 that are currently on maternity leave), five Assistant’s and all the complimentary administrative staff
  • Hygiene Reappointment Percentage (compares number of patients seen to ones that are scheduled in again) comes in above 90%
  • Implementation of electronic fill forms
  • Implementation of the “Sterilwize” infection control compliance system

Chief Executive Office Timothy Brown will be hosting a Webinar on Wednesday, October 14, 2020, at 7:15 PM to discuss this incredible opportunity. Timothy will be giving a ten-minute critical market update at the beginning of this Webinar with important information for the profession. Please be aware that the Webinar will be recorded. If you are not available to watch it live we still encourage you to register as this will give you access to the recording.

 

CRITICAL DATES:

  • 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 Amanda Kotchie, Sales Representative.

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