Practices For Sale

Ref# 4698

Status: Updated

Location: Ontario

Gross Revenue: ~$804,828

Appraised Value: $646,120

Asking Price: $646,120

Cash Earnings: ~$458,628

Updated Appraisal and Revised Asking Price

NORTH OF GTA – MOBILE DENTAL PRACTICE  

This mobile practice is a sound investment and offers a totally unique working environment. The mobile practice provides dental providers a highly satisfying opportunity to work with appreciative patients who desperately need this care.

Established in 2009, this mobile practice has an excellent reputation within the long-term care community. Because the providers bring dental care to the patients, many benefits exist. All patients are located on-site, which results in lower downtime and eliminates last-minute cancellations.

This practice has fully implemented all necessary protocols to ensure compliance with IPAC, CDHO, RCDSO, & PHO.

After experiencing a lengthy closure in 2020 and slower re-opening due to protocols of Long-Term Care and Senior Residences in 2021, the revenue has increased from $254,000 in 2021 to $663,500 in 2022. Revenue continues to increase substantially and is tracking to reach over $800,000 in 2023. This is due to an increase in new patient exams to approximately 30/month and the availability of dentist providers to provide restorative services.

Highlights of the practice include:

  • Revenue increase in 2022 ( $663,500) to estimated 2023 ($804,000)
  • Contracted for oral care services to over 25 Long-term care homes
  • Over 600 active patients, 30/month enrollment of new patients
  • 2 sets of specialized portable dental equipment
  • 2 sets of portable office equipment
  • fully digital charting
  • 2RDHS, 3CDA’S AND DDS
  • Non-assignment – Patients pay directly for all services
  • Opportunity to combine with an existing stand-alone clinic
  • Monday-Thursday only with NO evenings or weekends
  • Re-designed website, including promotional services.

Key Information:

  • The practice profile and appraisal are available now.
  • Offers presented as submitted.
  • Offers prepared by ROI Corporation using Share Offer Template
  • 10% deposit required on accepted offers.
  • For more information, please contact Ann Wright, Sales Representative.

 

 

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