Practices For Sale

Ref# 4948

Status: Sold

Location: Ontario

Gross Revenue: N/A

Appraised Value: $485,480

Asking Price: $485,480

Cash Earnings: N/A

Gloucester, ONTurn-Key Facility – Updated Financial Information

ROI Corporation is pleased to offer an attractive 3 operatory facility for sale in Gloucester, ON, an east-end suburb of Ottawa.  The facility is located on a busy thoroughfare street in a strip mall with excellent visibility.

The facility was built in 2021 and is currently operated as a shared dental/denture practice.  The dental practice is limited to implants and full mouth reconstruction and the denture/lab provides the laboratory and prosthetic services.

Because the current practice does not offer hygiene services, there is no goodwill component associated with this sale. However, we have decided to share some financial information to demonstrate what is possible in this location.

In the first year of operation, the practice billed $794K for the dental procedures and $417K for the denturist.  In the second year, this increased to $889K  for the dental procedures and $578K for the denture procedures.  This was accomplished through marketing (online and street sign) and both patient/professional referrals.

A new owner should not have any difficulty attracting patients to this facility.  In addition, to facilitate the sale, the purchase price of this office has been significantly discounted when compared to building a comparable facility from scratch.

The current denturist laboratory space is plumbed and wired for an additional 2 operatories. Floor plans for this layout can be shared with the new owner.

The 1,653 sq. ft. facility currently has a premise lease to January 30, 2031, plus 2 five-year renewals with an option to lease adjacent space if available.

Highlights:

  • 3 Midmark Chairs with DCI delivery
  • Acteon CBCT and digital Panorex
  • Digital intra-oral radiographs
  • 3 ceiling/wall mounted TVs in each op
  • Private office
  • Consultation
  • Staff room
  • 2 washrooms
  • Free on-site parking

 Additional Purchaser/Advisor Information:

  • The ROI Profile and complete Appraisal are available now.
  • Signed offers will be presented as received.
  • Closing: Upon 30 days acceptance of offer.
  • 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 Ann Wright, Senior Sales Representative.

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