Practices For Sale

Ref# 4602

Status: Available

Location: Ontario

Gross Revenue: ~$430,000

Appraised Value: ~$669,160

Asking Price: $669,160

Cash Earnings: $119,450

Barrie 

Price Reduced – Previously listed at $800,000

The opportunity exists to purchase a spacious 3,600 sq. ft., 6-operatory general practice in the desirable, growing community of Barrie!

Established in 2001, our client purchased the practice in 2017 and has taken great pride in modernizing and upgrading the facility and its operations. The practice is on the upper floor of a mid-rise building equipped with an elevator providing excellent accessibility. The office’s welcoming storefront provides high visibility in a bustling commercial and retail area of the City.

While the annual gross is only $400K – $500K this practice offers an opportunity for so much more! With 6 operatories at its disposal, currently, only 4 are being utilized for patient care. The facility is poised to accompany an increase in patient demand as the surrounding area continues to flourish.

If you are wanting to build a life and career in a relaxed area with excellent income, this practice could be yours!

Highlights of this practice include:

  • Currently 4 days per week, with no evening or weekend hours
  • 2 hygienists provide 4 days of hygiene per week, accounting for over 30% of gross production
  • Approximately 1,000 active patients
  • 10 – 15 new patients a month
  • The practice is digital and chartless
  • Lease runs to 2032 (current term to April 2027)
  • Reasonable rent of approx. $5600/mo.
  • Digital Pan
  • Dentrix practice management software
  • Lots of opportunity for growth!

 

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your reques
  • The Appraisal will be distributed following the Open
  • Offers will be considered as submitted
  • 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 or to book an appointment to see this practice , please contact

Bill Alton, Sales Representative.

 

 

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