Practices For Sale

Ref# 4982

Status: Sold

Location: British Columbia

Gross Revenue: $1,073,885

Appraised Value: $1,598,220

Asking Price: $1,600,000

Cash Earnings: $387,285

VANCOUVER

ROI Corporation is incredibly excited to showcase this profitable practice with fantastic leasehold improvements!

Nestled on a main street in an up-and-coming area of Vancouver, this storefront dental practice offers a golden opportunity for both seasoned practitioners and newcomers to practice ownership. The clinic was built in 2016 in a new development and is strategically positioned amidst amenities and major development plans set to transform the surrounding landscape in the coming years. The office exudes an aura of professionalism and warmth with its clean, modern design and brilliantly lit interiors.  The dedicated owner has formed long-lasting relationships with patients throughout his 25 years of experience and is willing to stay on to ensure a successful transition.

Spanning over 1,700 square feet, the clinic boasts meticulous attention to detail in every facet of its custom design. The practice operates 3 well-equipped operatories with state-of-the-art equipment to facilitate efficient and comprehensive patient care.  Two additional rooms are plumbed and wired for future expansion. The spacious operatories allow for seamless workflow, accommodating a diverse range of dental procedures with ease and comfort. This practice is thoughtfully designed to enhance the practitioner’s capabilities while providing an exceptional patient experience.

A cornerstone of this offering is the strong lease agreement extending to 2035. This long-term commitment to the space provides the incoming practitioner stability and peace of mind. Currently, the owner works 3-4 days per week and the associate works 2-3 days, presenting an opportunity for expansion and an increased patient base. Additionally, the practice is fortunate to have an amazing staff who enjoy working as a team towards a collective goal of patient care.  With ample room for growth, the practice is primed for further success under the guidance of a motivated and ambitious practitioner. Don’t miss out on this rare opportunity to step into this thriving dental practice, poised for even greater success in the years ahead.

Highlights of this practice include:

  • 3 equipped operatories – plumbed & wired for 2 more
  • ~21 new patients on average per month
  • Strong hygiene program making up 40% of revenue
  • An average of 17 cases are referred out each month
  • Comprehensive and modern sterilization setup, able to weather any future changes required by the college
  • Strong growth in Invisalign cases
  • 95% of patients live or work nearby
  • Practice is digitized, which includes patient charts

Additional purchase/advisory information:

  • The appraisal and a video of the practice are available upon request to qualified purchasers
  • ROI Corporation can prepare your offer on our agreement 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 Dr. Marcia Boyd, Senior Sales Associate, or Elliott Boyd, Sales Associate.

 

 

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