Practices For Sale

Ref# 4637

Status: Available

Location: Ontario

Gross Revenue: ~ $2,513,172

Appraised Value: Pending Approval

Asking Price: $4,400,000

Cash Earnings: ~ $1,161,487

The Appraisal is in the process of being finalized

Barrie, Ontario

We are delighted to bring this “total package” opportunity to the market! The fundamentals on this practice will hit all the high notes for a variety of buyers, providing for both a long term and lucrative practice ownership. Barrie is a city that defines the new normal, the gateway to cottage country and the posterchild for the flattening demographics and new working arrangements in Ontario. As people begin to remerge and the vaccination rates increase, this office continues to see a steady return of their more reluctant patients as well as new patients that have recently taken up residence in this desirable community.

Our subject office sits just a short drive off highway 400, still allowing for a strategic commute (against traffic!) to anybody that wishes to maintain a presence in the GTA. The subject office is located in a modern plaza surrounded by other service driven and complimentary businesses that lend themselves to increased foot traffic. This commercial area in turn is than surrounded established tree lined well-conceived neighbourhoods and communities that take pride in continuing to reinvest in their properties in this already naturally beautiful location.

This general practice focuses primarily on general, restorative and preventive procedures consistent with insurance led, financially capable young families.  This has created an integrated family solution for dentistry that has hit home with the community and provided a compounding effect on new patient flow.

A considerable volume of other specialty treatments has been discussed and planned yet not started by our clients. This indicates a substantial future revenue stream from the elevated dental IQ of the patients.

Highlights of this practice include:

  • Strong new patient growth of approximately 30 new patients per month
  • Excellent Hygiene program represent ~35% of gross
  • ~3500 active patients
  • 7 Operatories
  • Excellent visibility on busy thoroughfare
  • Reasonably priced long term lease in place
  • Ample Free parking
  • Fully digital office with Pan/ceph

Additional Purchaser/Advisor Information:

  • Please click here to register for the Webinar!
  • Your Offer 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 Amanda Kotchie, Sales Representative.

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