Practices For Sale

Ref# 4687

Status: Offer Registered

Location: Ontario

Gross Revenue: $1,221,949

Appraised Value: $1,804,500

Asking Price: $1,804,500

Cash Earnings: $455,485

Barrie

ROI Corporation is thrilled to present an exceptional opportunity to purchase a wholesome, high-end family practice in one of the many booming areas of beautiful Barrie. The office is located in a professional building on a busy street with an abundance of parking for a multitude of complimentary services and the patrons that frequent them. Our talented and energetic owner has enjoyed practicing at this location since the late 80’s and has been a reliable and deeply trusted resource to generations of patients that appreciate an elevated dental experience.

This general practice boasts an exceptional hygiene program that is booked into August of 2022. Renowned locally for its calm and congenial atmosphere, a strong and clinically proactive team of fully contracted staff and hygienists provide 56 hours of hygiene in a 4 day week. Our client is open to a dynamic transition that represents an opportunity for first-time buyers and others looking to grow a portfolio.

This exemplary office is the antidote to the current staffing woes that we see in the industry. The seasoned clinical staff are experienced enough to pre-identify issues dovetailing nicely into expedited and elevated case acceptance for our owner. Immense trust is afforded to the loyal staff creating an unmatched culture and a highly desirable place to work. Add to this, and not to be underestimated, an incredible view of nature out of all four ops. This, seen to be believed view, is both calming and motivational for staff and patients alike.

Highlights of the practice include:

  • Excellent internal and external patient demographics, high density/growth
  • Notable and accessible referrals for Implant, Endodontic and Oral surgery procedures.
  • Significant room to extend current opening hours
  • Premise lease extends to 2033. Stunning elevated view
  • 4 spacious Dental operatories on ~2000 sq. ft of ergonomically designed space
  • The vendor wishes to make themselves available for a healthy transition
  • The office does not currently accept assignment of insurance benefits
  • Recently updated all hardware, software, and IPAC protocols

Additional features of this practice include:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • A virtual tour will be provided to qualified parties at 7 PM on the evening of Thursday, 28th October 2021
  • A Confidential Open (by appointment only) will be held on the morning of Sunday, 31st October 2021
  • The Practice Appraisal, in its entirety, will be released electronically to interested parties on Monday, 1st November 2021
  • Offers are due on or before Noon on Thursday, 11th November 2021
  • Within 48 hours of acceptance of an offer, we request a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice.
  • Our client prefers a closing date in January 2022

For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative.

 

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