Practices For Sale

Ref# 4584

Status: Available

Location: Ontario

Gross Revenue: ~$1,450,000

Appraised Value: $2,320,210

Asking Price: $2,320,210

Cash Earnings: ~$545,650

Ottawa East

As Canada’s leading appraisal and brokerage corporation, we are pleased to showcase an exemplary practice in east Ottawa.

Located in a small plaza, this practice has been the location of a dental office for over 40 years.  The current owner, a sole practitioner, has built a beautiful, well-managed and profitable practice.

The ~2,000 sq. ft. practice consists of 5 operatories, panorex, stericentre, lab, staffroom and private office. The sterilization area was renovated recently with Bravo and Hydrim equipment.

Revenue for the year ending August 2020 was ~$1.45M (COVID-19 prorated) with September and October averaging $145,000/month.  Hygiene represents 33% of production with 11 days of hygiene/week.   The practice is closed Fridays and weekends and does not offer evening appointments.

The owner has cultivated a practice with a loyal and appreciative patient base.  Our client will assist in a transition on a reduced schedule to ensure that these 2,800 patients are effectively and successfully transferred to the new owner.

COVID-19 protocols implemented by the Practice:

  • Surgical Air Sterilizers and custom glass doors in each operatory
  • Temperature guns
  • State of the art Sterilization
  • Full PPE

Highlights of the practice include:

  • Fully turn-key
  • Covid-19 upgrades and protocols
  • Digital radiographs and pan
  • New stericentre
  • Paperless charts
  • Attractive hours- no weekends or evenings

Additional Information:

  • A Practice Profile will be provided within 48 hours of your request
  • Interested parties must have an interview with Ann Wright prior to the Virtual Open
  • Offers due on or before Friday, January 15, 2021
  • 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
  • Our client requests an all cash sale on closing

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

 

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