Practices For Sale

Ref# 4572

Status: New

Location: Ontario

Gross Revenue: ~$782,600*

Appraised Value: $1,577,250*

Asking Price: $1,432,410*

Cash Earnings: ~$271,190*

*Value represents both practices

Ottawa – 2 Practices

ROI Corporation is pleased to offer 2 practices for sale, one in Kanata and one in Stittsville.  Both practices were purchased in 2018 by the current owner.  The Kanata practice has been in the same location for over 20 years.  The Stittsville practice was built in 2016 and is located 5km from the Kanata office.  Therefore, to avoid competition, we are offering both practices for sale.

Kanata: The office consists of 3 operatories, with digital panorex and radiographs.  Charts are paperless with approximately 1,000 active patients.   The practice is open 8am-5pm Monday to Friday as well as one Saturday a month.  Revenue for year ending March 31st, 2020 was $576,700, a decrease from 2019 due to lack of associate support resulting in the Owner working at both practices.

Stittsville: The office is beautifully decorated and well equipped.  It is in a small strip mall on the main thoroughfare, in an affluent high-tech community.  The 1,770 sq. ft. suite consists of 5 operatories with digital radiography, panorex, private office and staff room. It is estimated that there are 350 active patients in the practice.

The owner is willing to provide transition support.

This is a unique opportunity for an energetic dentist to take over 2 existing turn-key practices; both of which would greatly benefit from dedicated providers on site.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provide within 48 hours of your request
  • A Virtual Tour will be distributed to interested parties on Friday, November 27th, 2020
  • A Webinar will be held on Sunday, November 29th, 2020 at 10am (EST)
  • The Appraisal will be distributed on Sunday, November 29th, 2020
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • Offers must be submitted on or before Friday, December 4th, 2020
  • Our vendor wishes to close this practice sale early 2021
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Note:  Your offer will be made fully conditional upon a site visit – and we will arrange for entry. 
  • Your Offer we will require a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice

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

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