Practices For Sale

Ref# 4843

Status: Sold

Location: Ontario

Gross Revenue: $899,028

Appraised Value: $1,387,640

Asking Price: $1,390,000

Cash Earnings: $333,458

Greater Barrie Area

ROI Corporation is proud to present this practice and building for sale, located a 1 hour and 45-minute drive from Toronto.

Producing over $74,000 per month on average, with over 35% of this revenue being produced by an efficient hygiene program. Our client is only available to attend the practice 3 days per week and thus refers out a vast amount of specialty work each month. This allows the successful purchaser to retain these services in-house and instantly increase revenue.

Purchased in 2008 from ROI Corporation and originally opened in the 1970s, this practice has provided patient care to this community for over 50 years.

Positioned on a main thoroughfare and minutes from the water, this practice enjoys unparalleled exposure. The newly revamped facility is home to 5 fully equipped operatories, a sterilization area, a staff room, private offices and more.

Please note this practice serves social service patients and NIHB.

After owning the practice for 14 years, our client would like to exit the responsibilities of ownership and spend more time with their family, where they have relocated approximately 5+ hours from the practice.

This is a great opportunity to purchase the practice along with the building. The building asking price is $755,000.

Highlights of this practice include:

  • Be your own landlord by purchasing the building
  • All employees on written agreements
  • 1,200+ unique patients seen in the last 12 months
  • 22+ New patients per month
  • Well managed accounts receivable

Additional Purchaser/Advisor Information:

  • A practice profile will be available to all purchasers requesting information
  • The Webinar will be recorded.
    • A confidential Open will be by appointment only
    • A Virtual Tour will be provided to qualified parties
    • The Appraisal will be available to all qualified purchasers.
    • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

      For additional information, please contact Nicholas Boyle, Sales Representative.

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