Practices For Sale

Ref# 4736

Status: Sold

Location: Ontario

Gross Revenue: $769,208

Appraised Value: $1,187,850

Asking Price: $1,300,000

Cash Earnings: $322,189

North of Muskoka

ROI Corporation is pleased to present this fantastic opportunity to be the only dentist in an active and growing community, enjoying festivals, markets and beaches. A rural practice but only a 40-minute drive to a city and with good highway access to Toronto, which is only two hours away. Located in what could be termed the “near north.” This opportunity offers an outstanding work/life balance in this exceptional location.

It is a busy, fully staffed office, currently associate run. The practice was built in 1989, although with the current owner since 2019. There are 3 operatories plus a Pan in 1,240 sq. ft. Presently, the practice is doing 4 ½ days of dentistry per week and 7 days of hygiene with one associate and two hygienists. No evening or weekend work.

With location security often hard to find in today’s market, this practice has a firm lease until 2039, with no demolition clause. You enjoy exclusivity in the street-level strip plaza in which the practice is situated. Patients appreciate the highly convenient store-front office with excellent visibility and no parking issues.

In 2021 gross billings were $769K and the trajectory is up. There are approximately 1400 active patients.

Highlights of this practice include:

  • Radiography is digital with sensors
  • Practice management software is Dentrix
  • The practice utilizes the RecallMax recall system

Additional Purchaser/Advisor Information:

  • A profile of the practice will be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement
  • The full appraisal will be provided to those who book an appointment at the Open two days prior
  • Offers will be due no later than Friday, May 6th
  • Closing should be scheduled not later than June 30, 2022

For more information please contact Bill Alton, Sales Representative.

 

 

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