Practices For Sale

Ref# 4928

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $350,676

Appraised Value: $448,070

Asking Price: $385,000

Cash Earnings: $168,436

MISSISSAUGA – Improved Asking Price – previously listed at $445,440, now listed at $385,000

ROI Corporation is delighted to introduce this enduring, traditional family practice – a cornerstone of the community for the past three decades, nestled on the ground floor of a professional building at a bustling intersection in Mississauga.

Spanning approximately 940 square feet, this office houses two fully equipped operatories, with the added advantage of potential expansion into the ~600 square feet of adjoining vacant space. This immediate room for growth aligns seamlessly with the practice’s commitment to tradition and offers an exciting prospect for expansion. This vacant space not only complements the traditional ethos of the practice but also stands as a tangible opportunity for strategic growth and expansion.

With its long history and strategic location, this clinic holds incredible potential for a new owner. The primary focus for the prospective owner should center on key growth opportunities, including:

  • An increase in hours (currently only open 30 hours/week)
  • Creation and application of a basic marketing strategy to incentivize new patients
  • Implementation of a more vigorous hygiene program, including hiring of a full-time hygienist to maximize hygiene revenue
  • Keeping as many services in-house as possible (practice currently refers out 8-10/month)

Highlights of this practice include:

  • Located on the ground floor in a high-density area
  • Approximately 600 long-term, loyal patients that will enable treatment acceptance
  • ~60% of the patients are of Vietnamese origin
  • ~95% of patients speak English
  • ~85% of patients are covered by insurance
  • Ample free parking

Additional Purchaser/Advisor Information:

  • A profile will be provided within 48 hours of your request
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review and will be presented as submitted
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice

For more information or to schedule an appointment, please contact Amanda Kotchie, Sales Representative.

 

Request more details for this listing

In order to get more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information