Practices For Sale

Ref# 4809

Status: Available

Location: British Columbia

Gross Revenue: $1,047,792

Appraised Value: $1,088,200

Asking Price: $1,088,200

Cash Earnings: $484,852

EAST COAST OF VANCOUVER ISLAND

ROI Corporation is delighted to announce this wonderful opportunity to purchase a one-of-a-kind 6 operatory dental practice on beautiful Vancouver Island!

The east coast of Vancouver Island is known for its breathtaking scenery, ocean landscape and quality of life that is hard to match. A strong community presence is felt throughout this region and is the perfect place to put down roots. Not only a great area to build a career but also, this community is spoiled with an abundance of outdoor activities that brings a whole new meaning to work-life balance. From fishing to hiking to skiing and an array of other eco-adventures, you would be hard-pressed to find another location such as this.

The spacious office was designed and built with functionality in mind. With over 3,000 square feet and 6 operatories, the space is perfect for an ambitious owner looking to build a thriving practice. Additionally, the operatories boast stunning waterfront views that truly take “office with a view” to a new level. This gives a sense of tranquility of the practice and puts both patient and doctor’s minds at ease. The practice performs a wide variety of full-spectrum dentistry, including many oral surgery cases and is long established and respected in the community. Due to the significant amount of oral surgery, our vendor is ideally searching for a buyer with the ability and desire to perform such cases but is very willing to mentor the new owner for such procedures both at the office and in the hospital setting. Hygiene is booked 6-8 weeks in advance and has room to grow. Conveniently located on a major road, getting to this practice is a breeze for all patients in the community.

The philosophy of the practice is focused on an opportunity for excellence in regard to patient care. This, in turn, has led to a loyal, trusting patient base and continued revenue growth. The practice is open 5 days a week and does not currently employ an associate, and the owner is presently working 4 days a week. The already strong production numbers could be bolstered by additional staff and the new owner working an additional day per week.

Don’t miss out on this rare opportunity to grow the dental practice you want while living in the community of your dreams.

Highlights of this practice include:

  • Stunning waterfront views and natural lighting
  • Fully digital practice
  • Doctor currently enjoys a < 30-hour workweek
  • No evenings or weekends
  • Room to expand
  • The vendor wishes to make themselves available for a healthy transition
  • Vendor owns the building and can guarantee a 10-12 year lease
  • Growing patient list with the potential to further develop hygiene
  • Cash earnings of over $400,000 (47.4%)

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed to qualified potential purchasers
  • Offers will be presented when received
  • 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
  • Our vendor is looking to close this practice sale as soon as mutually convenient

For more information or to schedule an appointment, please contact Dr. Marcia Boyd, Senior Sales Associate and/or Elliott Broad, Sales Associate

 

 

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