Practices For Sale

Ref# 4611

Status: New

Location: Ontario

Gross Revenue: ~$350,000

Appraised Value: $327,090

Asking Price: $350,000

Cash Earnings: ~$103,830

Hamilton

After a wonderful 30-year career, our client is ready to transition their strong, humble practice to a new owner. They have cultivated a welcoming, educational environment that can be backed by the incredible inbound referrals from their current patients.

This practice offers a wealth of untapped revenue. With 1,000 patients seen in the last 12 months, there is plenty additional dental work to be done as our client is the sole provider. The addition of a hygienist to the practice would allow for the new owner to oversee a hygiene program while being able to offer comprehensive dental treatments.

An opportunity such as this would be an ideal purchase for a first-time buyer. The low overhead accompanied by the immediate potential for growth allows for the successful purchaser to jump into ownership with confidence in their ability to support their new venture. Alternatively, an i-Dentist™ could also be intrigued by how quickly their investment could be realized.

To help ensure a successful transition, our client is willing to stay on for an associateship post-close.

Highlights of this practice include:

  • Incredible lease: current term to 2031 with 2 x 5-year renewals
  • 3 operatories – 2 fully equipped
  • No Hygienist
  • Digital X-rays

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Webinar will be released on Monday, March 29, 2021
  • The Appraisal will be distributed on Wednesday, March 31, 2021
  • A Confidential Open (by appointment only) will be held on Sunday, April, 11, 2021
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • Offers must be submitted on or before Friday, April 23, 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

For more information or to schedule an appointment, please contact Roopali Kapoor, Sales Representative.

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