Practices For Sale

Ref# 4620

Status: New

Location: British Columbia

Gross Revenue: $475,400

Appraised Value: $522,460

Asking Price: $522,460

Cash Earnings: $180,830

Greater Vancouver Area

ROI Corporation is pleased to present this unique opportunity for your consideration. It is an established, ideally located solo general practice with a focus on prevention and restorative. The office began in 1997 when the retail plaza was built in this stable and rapidly growing community. This dynamic community continues to prosper – particularly the waterfront and the downtown core where this practice is located. Surrounded by a busy retail, residential and commercial area it is easily accessed by car, bus or SkyTrain with free patient parking. A large shopping mall with 250 stores/services is just across the street.

The office lease includes exclusivity in the plaza with the current term until January 2024 plus 3×5-year renewals. There is no demolition clause with a base rent of $16 per sq. ft. Also included are 2 reserved parking stalls.

An attractive space with abundant natural light, it consists of 2 fully equipped ops with a 3rd room that is plumbed and wired. The vendor performs the patients’ hygiene so there is room to grow in this area as well as in endo, ortho and oral surgery. Annual revenue can be easily increased by keeping referrals in house and including a hygienist. Excellent future potential!

Highlights of this practice include:

  • 5 day week – 4 days/week after COVID closure
  • Exceptional downtown location
  • Excellent lease – exclusivity, renewals, no demolition clause
  • 15 new patients per month
  • 978 sq. ft. unit; 2 ops, 3rd plumbed/wired
  • Sirona Panorex
  • Private office, lab
  • Cleardent management software
  • Free parking or access by SkyTrain (1 block)
  • Increase revenue through hygiene, endo, ortho, oral surgery

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • Appointments to view the practice will be available on an individual basis
  • The Appraisal will be distributed to qualified parties
  • Offers will be presented to our client as received
  • 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 Dr. Marcia Boyd, Senior Associate.

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