Practices For Sale

Ref# 4967

Status: New

Location: Ontario

Gross Revenue: $607,260

Appraised Value: $708,180

Asking Price: $708,000

Cash Earnings: $131,610

Kanata, ON

It isn’t often that a practice that has built goodwill since 1998 comes on the market.  This practice has never employed an associate ( except for maternity leave) and has consistently provided a high standard of care based on a philosophy of sound treatment options.

The practice has approximately 1,200 active patients and employs 3 dental hygienists who share the 4-day work schedule.  Revenue in 2023 is expected to be just over $600,000, an increase of 10% over 2022.  The Owner practices conservative dentistry and refers out all specialty procedures.  The practice does not accept assignment, and accounts receivable are just over $1,000.00.  The practice is open 4 days/week with no evening or weekend hours.

The office is located in a professional building on a main roadway with access by public transit and as well as free parking for vehicles.  The landlord has agreed to remove the demolition clause for a new buyer.

The office consists of 4 operatories, sterilization and laboratory, a private office and a staff room.  The practice uses Abeldent software but only stores the radiographs digitally.  However, a new owner could easily convert to paperless charts.

The Owner is retiring but is willing to associate for a short period of time to facilitate the transition.

Highlights of this practice include:

  • Solo-owned 25-year-plus office
  • Predictable revenue year after year with steady growth
  • All specialty procedures referred out
  • No assignment of benefits.
  • No demolition clause in lease

Additional Purchaser/Advisor Information:

  • Practice Profile is available now
  • Practice OPEN September 24th by appointment only
  • Appraisal is available following the OPEN
  • Offers are due Friday, October 13th, by 5:00 pm EST
  • Offers prepared on ROI Share Purchase Template
  • 10% Deposit due after offer acceptance by all parties.

For more information or to schedule an appointment, please contact Ann Wright, Sales Representative.

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