Practices For Sale

Ref# 4743

Status: Sold

Location: Ontario

Gross Revenue: $1,717,992

Appraised Value: $3,401,110

Asking Price: $3,500,000

Cash Earnings: $848,142

Barrie

ROI Corporation is thrilled to present a very special opportunity to purchase a top tier family practice in beautiful Barrie. Inward migration to this area has shot up in recent years, owing to a public wishing to live, work and play in this highly desirable location. A commitment to excellence from our talented and professional owner radiates out of every facet of this rarefied offering. The office and its multiple complimentary neighbours enjoy significant vehicular traffic owing to a convenient location amongst numerous commercial and residential developments from where an exceedingly happy patient base is derived

Patients that attend this office bristle at the charming and skillful service delivery in a multitude of unsolicited online reviews. Our owner dreamt big when establishing this office, and through hard work and the fostering of a positive internal and external culture, they have created a remarkable business for another dentist or group of dentists to continue. The office keeps traditional hours, with our solo dentist enjoying the opportunity to take significant vacation time thanks to an ability to delegate to a rockstar team of employees. Further upside potential exists in a steady stream of referrals that would keep any surgically inclined dentist very busy

An exceptional office culture is complimented by a gorgeous 3500 Sq. Ft. 5 operatory facility. No expense was spared in creating this unique space that blends the latest technology with professional design, creating a superior experience for both staff and patients. The long-term future is bright with exclusivity, immaculate signage, and room to grow.

Highlights of this practice include:

  • Notable and accessible referrals for Implant, Orthodontic and Oral surgery procedures.
  • Significant room to extend current opening hours. < 35-hour workweek
  • Premise lease extends to 2034.
  • Room to expand
  • The vendor wishes to make themselves available for a healthy transition
  • Non assignment practice
  • Hygiene schedule booked till summer 2022

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • The Practice Appraisal available
  • 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 May 2022

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

 

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