Practices For Sale

Ref# 4960

Status: Updated

Location: Manitoba

Gross Revenue: $2,590,824

Appraised Value: $2,411,640

Asking Price: $2,100,000

Cash Earnings: $1,515,527

Motivated Vendor

Northern Manitoba – Improved Asking Price that now includes practice, practice building, and a 4-Plex

Introducing a Remarkable Opportunity with ROI Corporation!

Discover an exceptional investment opportunity in a well-established Northern Manitoba town, exclusively presented by ROI Corporation. Nestled along a prominent thoroughfare in a bustling residential and commercial hub, this clinic offers a prime location with high traffic flow.

The journey of this practice began in 1998 when the dedicated owner took the reins. Over the years, as the practice flourished, it evolved to meet the needs of its expanding clientele. In 2015, it relocated to its current state-of-the-art facility, a standalone building designed to cater to local residents, neighbouring reserves, and nearby towns. With a wealth of experience in practice management, the owner is committed to facilitating a seamless transition and mentoring the prospective buyer.

This listing presents a rare opportunity, ideal for both first-time buyers and savvy investors looking to expand their portfolio. The practice primarily focuses on restorative, endodontic, removable prosthodontic, and oral surgery services. Patient comfort and education are paramount, with each operatory equipped with computers and televisions.

Boasting 7 operatories, a private doctor’s office, and a dedicated administrative area, this practice also features advanced technology, including a Digital Pan/Ceph for Orthodontic use and a 3D-CBCT machine. An Orthodontist visits the practice once every two months, offering a comprehensive range of services under one roof.

Operating 6 days a week, this thriving practice achieved a remarkable gross revenue of $2.63 million last year, with the support of one associate and a full-time hygienist. With a buyer-friendly valuation of $2.4 million, the owner is motivated to consider reasonable offers due to family reasons and is willing to provide support during the transition period.

Don’t miss the chance to seize this golden opportunity!

Highlights of this practice include:

  • Orthodontist visits once every two months.
  • Pan/Ceph
  • 1 J. Morita Pan/3D-CBCT
  • 3 washrooms (1 for doctor, 1 for patients and 1 for employees)
  • Active patients in last 12 months 3725
  • 40% of patients NIHB
  • 2,800 Square feet standalone dental building for sale or rent
  • Ample, free parking

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Showing by appointment only
  • The Appraisal will be distributed to qualified purchasers
  • Offers 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
  • 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 Reema Singla, Sales Representative.

 

 

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