Practices For Sale

Ref# 4925

Status: Available

Location: Atlantic Provinces

Gross Revenue: $1,081,928

Appraised Value: $1,070,340

Asking Price: $995,000

Cash Earnings: $506,289

Central Nova Scotia – Motivated Vendor. $105,000.00 Price Reduction

ROI Corporation is excited to bring this well-established, beautifully appointed, 4 – operatory practice to market, located close to the business district. Established in 1985 – and fully renovated in 2014 – this free-standing residential/commercial building provides natural lighting to almost every room with generous parking and ample space to grow!

The vendor is willing to associate for 6-12 months, perhaps longer. The hygiene department is growing with the hiring of a third hygienist just three months ago; and, with ~27 new patients a month, this practice will appeal to the young practitioner wanting to establish themselves in a beautiful and safe community; large city practitioner looking for a quieter community; or the Dentist Investor wishing to grow their portfolio.

This area of Nova Scotia will appeal to the outdoors person having forests, lakes, rivers, white sand beaches and the ocean at their fingertips.

The vendor will consider the sale of the real estate at the time of sale or an option at a future date.

Highlights of this practice include:

  • 2,066 sq. ft ground floor in a central location.
  • Long-term lease available to purchaser or option to purchase.
  • Opportunity to expand.
  • More parking than required.
  • ~5,500 patients in the last 12 months.
  • Growing hygiene department.
  • Currently no evening or weekend hours. However, there is an opportunity to extend hours.
  • Low A/R
  • 99% of the patients speak English.

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 parties
  • 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 Andrew Bryson, Sales Associate.

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