Practices For Sale

Ref# 4764

Status: Sold

Location: British Columbia

Gross Revenue: $663,915

Appraised Value: $666,660

Asking Price: $499,000

Cash Earnings: $158,430

Updated – Reduced Asking Price

Southern Vancouver Island

ROI Corporation is pleased to announce the opportunity to purchase this unique dental lab in beautiful Southern Vancouver Island. Now is your chance to acquire this fantastic dental lab and this historic property that radiates with character. This multi-level converted Victorian-style house provides an inspiring work setting for staff and owner. Just a few blocks from downtown, this dental lab is ideal for somebody looking to grow their business in this rapidly developing city. A raging BC real-estate market has led to a boom in development within Southern Vancouver Island while prices are still deemed affordable. The opportunity to purchase this package deal allows you to earn income from the dental lab while growing equity in the property at the same time.

Minutes from BC Ferries, you couldn’t ask for a better location. As investors continue to double down on this part of the province as the next spot for rapid growth, the supply of property will continue to drop, causing the land value to skyrocket.

Our vendor is proud to work with a multitude of dentists in the area and is one of the largest dental labs in the region. The lab has enjoyed a trend of revenue growth over the last four years and has proven to be a trusted source for quality workmanship by dentists in the area. This is further made possible due to the highly-capable, hard-working staff base. Through our vendor’s guidance and mentorship, his staff continues to help accelerate the trajectory of this dental lab.

Tucked away in a popular residential neighbourhood, you’d be forgiven for not knowing the property was a health care facility. However, its intended use becomes overwhelmingly apparent when entering the front door. The ground level boasts 4 spacious laboratory rooms with an abundance of natural light and well-maintained equipment. From there, the flow of the house leads you upstairs, where you will find 2 additional laboratory rooms, a spare room and a fully equipped staff room. Matching the bottom level, there is no shortage of natural light on the top floor. The property also enjoys a large backyard space as well as designated parking stalls.

This dental lab is perfect for somebody looking to own a thriving business and expand their real estate portfolio. Competitively priced, this package deal won’t last long.

Highlights of this practice include:

  • ~1,800 square foot space with 7 rooms + staff room
  • Owner schedule: 30 hours weekly; 3 weeks of vacation yearly
  • ~$664,000 in revenue in 2021
  • Multi-purpose real estate with DT2 zoning
  • Owner is flexible with transition terms

Additional Purchaser/Advisor Information:

  • A Lab Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement.
  • A viewing of the Appraisal will be available upon request to pre-qualified purchasers.
  • Virtual Tour Link will be distributed to all pre-qualified purchasers.
  • ROI Corporation will prepare all offers conditional upon your advisors’ review.
  • The accepted offer must follow with a 10% deposit within 3 business days, payable to ‘ROI Corporation IN TRUST.’
  • Our client is looking to close by mid Summer 2022

For more information or to schedule an appointment, please contact Elliott Broad Sales Associate.



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