Update: Reduced Asking Price
Lower Mainland, British Columbia – Previously listed as Ref # 4762
Asking Price for Strata: $600,000
ROI is excited to bring this extraordinary opportunity to the marketplace – a special “package” that includes a 26-year established and successful general practice along with the strata/real estate!
Be your own landlord in a 1000+ sq ft space, with 3 fully equipped ops and a 4th one plumbed and wired, and NO demolition clause!
Located in one of Canada’s top 30 most populous municipalities, this dynamic community proudly boasts a development surge that continues to increase population density, retail and commercial space, all of which promises exceptional growth opportunities for the practice’s future.
The practice is located on the main street, is transit-friendly, and enjoys ample parking, including 3 underground spaces for staff. As a solo practice, it has been associate run for the last two years – 3 days per week (Tues, Wed, Fri.) and the associate is willing to continue. The receptionist attends the office 5 days per week and is well known and connected to all the patients – again, willing to stay on. Consequently, there is the opportunity to substantially increase patient flow by offering a greater range of treatments and enhanced hours and subsequently creating a busy hygiene program.
This is a very efficiently run general practice with an impressive 47.5% cash earnings. The practice philosophy focuses on prevention and restorative care. The vendor has maintained a policy of providing caring, comfortable dental service to every patient while cultivating long-term relationships through an incredibly high standard of individualized care. Through this lens, our client has developed a loyal patient base dedicated to their wellness and oral health.
This practice would be ideal for several types of purchasers:
- An investor who wants to own an associate-driven practice and perhaps be on site 1-2 days per week, also ensuring ongoing passive income should there be a sale in the future.
- A new graduate or associate who wants to transition to owning their own practice and real estate with the assistance of the current staff.
- A dental specialist who wants a secure and comfortable satellite clinic in this municipality while having an investment in real estate.
This is a unique opportunity worthy of your interest and consideration.
Don’t miss out – ask for more information…
Highlights of this practice include:
- 3 fully equipped ops, 4th plumbed and wired
- 1,060 sq ft with abundant natural light
- Outdoor access with 2 balconies
- Staff room and washroom
- Digital radiography
- 10 new patients per month,
- Ready for a hygiene program
- Available to move to social media/advertising
- 47.5% cash earnings
- Loyal patients
- Dedicated staff
- Ample patient and staff parking
- Highly desirable location
- Rapidly growing, stable community
- Strata/real estate available for sale
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- A Confidential Viewing (by appointment only)
- The Appraisal will be distributed to qualified potential buyers
- 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 Sales Associate and/or Elliott Broad, Sales Associate