Practices For Sale

Ref# 4862

Status: Sold

Location: Ontario

Gross Revenue: $606,207

Appraised Value: $1,037,080

Asking Price: $1,050,000

Cash Earnings: $247,911

Kitchener/Waterloo

ROI Corporation is proud to present an established practice for sale located in Kitchener/ Waterloo.

Our client bought this practice in 2015 and has not practiced dentistry as the office is associate run. The potential to grow revenue is exponential as the current associate takes 2.5 months’ vacation. The office produces approximately $50,000 per month on average with over 40% of this revenue being produced by an efficient hygiene program.

With a committed owner operator this practice could easily increase production from day one of ownership. The successful purchaser may reduce vacation time to increase revenue and continue to be open 4 days per week with no evenings, Fridays or weekends to enjoy the current practice lifestyle balance.

Originally opened in the early 1990’s this practice has provided patient care to this community for almost 30 years. Located in a busy, newly renovated retail plaza, this practice enjoys high levels of foot traffic and ample free parking.

The 1,235 Sq. Ft. facility is home to 4 fully equipped operatories, sterilization area, staff room, private office and more.

This is a great opportunity to purchase and grow an established practice in the Kitchener Waterloo area.

Highlights of this Practice Include:

  • 87% of revenue derived from diagnostic, preventive & restorative procedures
  • Opportunity to expand and increase revenue
  • 1,000+ unique patients seen in the last 12 months
  • 80% of patients are covered by insurance
  • Well managed accounts receivable is less than two weeks billings

Additional Purchaser/Advisor Information:

  • A practice profile will be available to all purchasers requesting information.
  • The Webinar will be recorded. If you are not available to watch it live, we still encourage you to register as it will be sent to those who qualify following the live event.
  • 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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