Practices For Sale

Ref# 4582

Status: Sold

Location: British Columbia

Gross Revenue: ~$660,000

Appraised Value: $942,720

Asking Price: $942,720

Cash Earnings: ~$355,130

Vancouver 

ROI Corporation is excited to present this incredible solo practice and strata “package” for sale in Metro Vancouver.

This highly profitable family-based general practice was established in 1998 in a 4-storey mixed commercial and residential building then renovated to a state of the art unit in 2016. The office is a storefront with busy foot traffic on the main street of a stable and still actively developing Vancouver neighbourhood.

The vendor attends 4 days a week and the practice is ready to grow with a hygienist. Although this is a broad-based general practice, several services are referred out monthly which could be held in house – an easy and effective way to increase the revenue stream. Efficiently operated the cash earnings are an amazing 48.5%!

The strata is 1,025 sq. ft. and houses 2 fully equipped operatories with the 3rd plumbed and wired. Imaging is digital and there is also a digital pan.

The vendor has developed a strong, loyal patient base that has an excellent patient age demographic with 85% having dental insurance and constant new patient growth of 20-30 new patients every month.

This is an outstanding opportunity to acquire a solid, profitable solo general practice as well as the real estate. No more demolition clauses!!

Highlights of the Practice include:

  • 1,025 sq. ft. facility; 2 fully equipped ops, 3rd ready to equip
  • 4-day week, no evenings
  • 600-900 unique active patients
  • 24% revenue from hygiene/preventive procedures
  • Fully digital, including pan
  • Established and rapidly growing community
  • Ample free parking, major public transit corridor

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed to qualified parties
  • 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. Marcia Boyd, Senior Associate.

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