Practices For Sale

Ref# 4564

Status: New

Location: Ontario

Gross Revenue: ~$750,000

Appraised Value: $1,104,460

Asking Price: $1,104,460

Cash Earnings: ~$468,690

Eastern Ontario

ROI is thrilled to present a rare opportunity to purchase a highly regarded, well-managed, and immensely profitable practice.  The practice has been in the same plaza location since it opened in 2002.   During this time, the solo owner-operator has built up a solid reputation for excellent patient care which has resulted in year over year growth of the practice.

Our client has treated over 1,600 patients in the last 2 years and sees approximately 20 new patients/month.  The practice does not offer evening or weekend appointments.  Most endodontic and surgery cases are referred out.

Yearly revenue is ~$750,000 and net earnings are over 60% demonstrating the benefits of a robust small-town practice.  The owner will assist with a short transition if requested.

Reopening on June 8th, the practice has made a strong post-COVID recovery with 2020’s August & September production exceeding 2019 levels for the same period.

Highlights of this Practice include:

  • Established in 2002
  • Located in a small retail plaza
  • 2 operatories plus one additional exam area
  • Digital x-rays, no Panorex
  • No evening hours or weekend appointment
  • Owner provides all hygiene procedures

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Webinar and Virtual Tour will be held on Sunday, November 8, 2020 at 10:00am (EST)
  • Please click here to join the Webinar
  • Offers due on or before Friday, November 20, 2020 at 5:00pm (EST)
  • All offers will be conditional on a practice visit respecting COVID-19 protocols
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
  • Preferred closing of December 2020 or early 2021

For more information, please contact Ann Wright, Sales Representative.

 

Request more details for this listing

In order to get 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