Practices For Sale

Ref# 4987

Status: Sold

Location: Ontario

Gross Revenue: $648,952

Appraised Value: $899,250

Asking Price: $945,000

Cash Earnings: $310,203

Ottawa – Mid-Town

ROI Corporation is pleased to offer this general practice for sale. The practice is located mid-town Ottawa, with street entrance, adjacent parking and enjoys exceptional exposure. The immediate area is undergoing substantial development with several new, high-end large condominium towers.

The practice opened 10 years ago and has two part-time dentists and two dental hygienists that share the 4-day workweek. The practice offers no evening or weekend hours, but given the significant development, extended hours could easily be accommodated.

The 1,200 sq. ft. office is bright and attractive and consists of 3 operatories with an additional room plumbed for a 4th. The practice is fully digital and has an automated recall system. The premise lease contains no demolition clause.

Current total revenue is approximately $675,000 with 35% attributable to an efficient dental hygiene program. The practice currently has over 800 active patients with 2, 200 visits in the last calendar year, with most patients living or working in the area. The practice averages 15 new patients per month with minimal marketing investment.

This is an excellent opportunity to purchase and grow and established practice in Ottawa

Highlights of this practice include:

  • Excellent, city location on busy street
  • Street access and ample parking
  • 5 days of dental hygiene
  • 85% of patients are insurance.
  • Steadily increasing yearly financial performance
  • All employees on contract
  • Attractive premise lease; including no demolition clause.

Additional Purchaser/Advisor Information:

  • The Practice Profile is available now.
  • The Confidential Open by appointment
  • The Appraisal will be distributed following the OPEN.
  • All offers prepared on ROI Share Purchase Template.

To schedule an appointment, please contact Ann Wright, Sales Representative.

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