Practices For Sale

Ref# 4665

Status: New

Location: British Columbia

Gross Revenue: $752,628

Appraised Value: $923,150

Asking Price: $980,000

Cash Earnings: $443,616

GREATER VANCOUVER LOWER MAINLAND

ROI is excited to present this outstanding practice opportunity and real estate “package” for your consideration.

Centrally located in an ideal setting, within a large retail and high traffic mall, accessible by SkyTrain, ample free parking, it is well established with a loyal and dedicated patient base. A strong general practice with a preventive and patient-oriented focus is primarily restorative/preventive based with an excellent opportunity for immediate revenue growth in other treatment codes – e.g. Perio, Prostho, Endo, Ortho. It is also ready to welcome a hygienist.

Located between a medical office and pharmacy, the “health triad” provides excellent referral opportunities. This practice has proven to be “COVID-proof” and is even more successful than the previous year!

The practice is Asian based, with Cantonese and Mandarin as the working languages, although 75% of patients are also able to communicate in English.

Shared by two doctors, there are 7 doctor days of treatment per week with no evenings and 10 weeks of holiday time. Approximately 16 new patients per month, the practice is efficiently managed, with the cash earnings/net a remarkable at 58.9%!!

The community is high density and fast-growing, with new residential and retail spaces, many young families, schools, hospitals, education opportunities, and homes available in the Vancouver based marketplace.

The strata is also available for sale, so this is an exceptional opportunity to be your own landlord!

This practice is ready to “bloom” moving forward and is a unique opportunity in the Lower Mainland.

Highlights of this practice include:

  • Superior location and patient draw
  • 3 fully functional operatories
  • 4 days per week
  • 2 dentists, 7 doctor days
  • Ready for a hygienist
  • Panorex, not digital
  • Private office
  • Excellent patient privacy & comfort
  • Office design allows efficient flow
  • Employment contracts in place
  • No lease or mall issues
  • 58.9% amazing cash earnings

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, August 15, 2021
  • The Appraisal will be distributed following request.
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline. (Thursday, August 26, 2021)
  • Offers must be submitted on or before Monday, August 30, 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 vendor is looking to close this practice sale by Thanksgiving.

 

For more information or to schedule an appointment, please contact Dr. Marcia Boyd Sales Representative/Associate.

 

 

 

 

Request more details for this listing

In order to get more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information