Practices For Sale

Ref# 4977

Status: LOI Registered

Location: Quebec

Gross Revenue: $2,099,199

Appraised Value: $1,821,710

Asking Price: $1,495,000

Cash Earnings: $1,189,670

MONTREAL – Updated Appraisal (Increased Revenues)

A thriving two-million-dollar revenue practice with the potential for greater income from the 150+ specialty cases referred out each month – asking price $1,495,000: with a motivated vendor, this is a must see.

As a well-known 45-year-old established, profitable family-oriented paediatric practice, it boasts an unusually high number of new patients coming from existing patients and depends less on professional referrals.

Are you a general dentist? This is the perfect endless referral source for new patients. Consider establishing a solid general practice by treating the mature teenage patients who eventually reach adult age and providing them with continued dental care for life while maintaining paediatric services to the community from the three (3) existing paediatric dentists.

The cohesive and experienced team of employees and dentists and their dedication to their patients’ care and wellbeing have made this clinic a successful, highly reputable practice and a wonderful work environment.

Its location is adjacent to downtown Montreal, in a highly affluent, educated neighborhood that highly values routine dental care, oral health and advanced dental treatments. Being central to the greater Montreal area, close to main throughways, bus and Metro, it provides easy access to those in need of any paediatric treatments.

The vendor wishes to continue practicing after sale and ensure a successful and smooth transition with the purchaser.

Highlights of this practice include:

  • 6 operatories spanning ~ 2 400 square feet of space
  • Option of adding a 7th operatory in existing space that is plumbed and wired
  • 3 hygienists provide 13 hygiene days per week
  • Over 150 speciality cases referred out each month
  • Average of 45 new patients per month
  • Approximately 3,720 recall appointments in the last 12 months
  • Very attractive weekday work schedule with no evening or weekend hours

Additional purchase/advisory information:

  • A visit of the practice is available by appointment only.
  • The appraisal will be provided upon request to those qualified buyers.
  • Target closing date is early summer 2024.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
  • The accepted offer should be accompanied by a 10% deposit in the form of a certified cheque or bank draft to the order of ‘ROI Corporation IN TRUST’.

 

For more information or to schedule an appointment, please contact Pascale Guillon, Sales Representative.

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