Practices For Sale

Ref# 4928

Status: Available

Location: Ontario

Gross Revenue: $350,676

Appraised Value: $448,070

Asking Price: $445,440

Cash Earnings: $168,436

MISSISSAUGA

ROI Corporation is happy to present to you this long-term, traditional family practice. Started three decades ago, this practice has been a staple in the community for a long time.

This office is located at a busy intersection in Mississauga on the ground floor of a professional building. This modest practice is home to two fully equipped operatories in approximately 840 square feet usable (940 sq. ft. rentable) with room to expand into ~600 sq. ft. of adjoining vacant space.

This clinic has incredible potential, and the main priority of its new owner should be principally focused on the following growth opportunities:

  • An increase in hours; the practice is currently only open 30 hours a week
  • Creation and introduction of a basic marketing strategy to incentivize new patients and increase the patient count from its current number of 600
  • Implementation of a more vigorous hygiene program and hiring of a full-time hygienist to maximize hygiene revenue
  • Keeping as many of the 8-10 services that are currently being referred out per month in-house

Highlights of this practice include:

  • Currently open on limited hours; opportunity to increase revenue with expanded hours
  • Located on the ground floor in a high-density area
  • Long-term, loyal patient base will enable treatment acceptance
  • 60% of the patients are of Vietnamese origin
  • 95% of patients speak English

Additional Purchaser/Advisor Information:

  • A practice Profile will be provided within 24 hours of your request
  • The appraisal will be provided qualified purchasers
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • 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.

 

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