Practices For Sale

Ref# 4912

Status: Updated

Location: Ontario

Gross Revenue: $650,000

Appraised Value: $881,500

Asking Price: $881,500

Cash Earnings: $331,436

 

Ottawa – West –  Price Improvement – was listed at $899,000

We are very pleased to offer this successful 30+ year solo practice for sale. The Vendor opened the practice shortly after graduation and has devoted an entire professional career to caring for the dental needs of this highly loyal patient base.

From September 2020, the  Vendor and Associate provide all the recall and preventive procedures.

There is tremendous upside for a new owner. All specialty procedures – endodontics, surgery, periodontics, and orthodontics are referred outside of the office.

In addition, forty-nine percent of the revenue is derived from preventive services. This year, the practice is on track to increase revenue by $100,000 to over $650,000.00

The practice does not accept assignment of benefits, except for a few long-standing patients.

The practice is located on the first floor of a small professional building. It is located on a busy main street with access to public transit as well as providing ample free parking. It is within walking distance of a large strip mall with a grocery store, restaurants and many stores and services. It is close to one of Ottawa’s large community colleges, which offers an additional opportunity to increase the patient base.

Currently, it has 3 operatories but is plumbed for a potential fourth operatory. The sterilization area is new. The office has digital radiography but no panorex.

The Vendor is available to work in the practice for at least one year, on a part-time basis to ensure the patients a successful transition.

HIGHLIGHTS OF THE PRACTICE

  • One owner for 30 years
  • Preventive codes represent 49% of revenue
  • Non-Assignment – Accounts Receivable very low
  • Owner will work in practice for at least one year.
  • Proximity to a large strip mall with a grocery anchor and Ottawa’s largest community college.

KEY TIMELINES

  • Practice Profile is available now
  • On-site Practice visits by appointment
  • Practice appraisal will be distributed to serious buyers
  • Offers will be Presented when Registered
  • ROI Corporation will prepare all offers on our standard template. 10% deposit is required upon acceptance of the offer.

For more information or to schedule an appointment, please contact Ann Wright, Sales Representative.

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