Practices For Sale

Ref# 4724

Status: Sold

Location: British Columbia

Gross Revenue: $732,780

Appraised Value: $1,077,100

Asking Price: $1,077,100

Cash Earnings: $316,455


ROI Corporation is excited to present this excellent solo general practice located in the heart of Vancouver’s medical-dental district. The practice philosophy is focused on education, patient-centred care, and prevention.

Located in a medical professional building, the practice was established in 1993 then relocated across the street to this space in 2005. Although there is easy access by car or transit, the office is surrounded by a rapidly expanding transit system and new construction in this busy retail and residential neighborhood, which provides exceptional growth potential for the future.

The office has 3 well-equipped operatories, all of which have spectacular natural light and beautiful views.

Spanning 1,061 square feet, the facility is comfortable, spacious and welcoming.  There is a solid lease in place until 2030 with further options for renewals, and no demolition clause is contained in the lease.

The practice is home to over 875+ active patients, with hygiene representing  29% of the gross revenue (1,250 patients of record).

For recall patients, 50% attend every 3-4 months, 40% every 6 months, and 10% every  9-12 months.  This is a non-assignment practice, so the A/R is extremely well managed.

Don’t miss an excellent opportunity to own an established, high-quality, consistent, profitable practice.

Highlights of this practice include:

  • Outstanding location
  • 3 ops – modern and comfortable space
  • 4 days a week, no evenings or weekends – room to increase
  • 5 days of hygiene per week
  • Room to expand endo, ortho, OMFS and prostho codes
  • Non-assignment
  • Extremely low A/R
  • Well managed clinic utilizing Cleardent software
  • Efficient overhead – Poised for growth.
  • Favorable lease, renewals, no demo clause
  • Exceptional access and beautiful outlook

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed upon request
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline
  • 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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