Practices For Sale

Ref# 5033

Status: Updated

Location: Ontario

Gross Revenue: $663,342

Appraised Value: $967,240

Asking Price: $967,240

Cash Earnings: $227,100

Northern Ontario – Material Change Announcement

Real Property also available – $700,000

As the dentist is motivated to transition out of practice ownership, we are sharing the following material change to the practice. One employee has informed the practice of their intent to retire by June 2024, and will not need to be replaced. This will leave an ideal number of employees, and an additional $25K in cash flow (approximate). While this increases the appraised value of the practice, there will be no increase to the asking price.

With less than 1% social programs and the opportunity to significantly increase the services being provided, this practice is primed to be one that creates envy with a very low overhead. The real estate remains available, and the dentist is also willing to entertain favourable long-term lease options with a right of first refusal.

Luxury lakeside living is only 30 minutes away for the practitioner who wants to enjoy all of the things that this beautiful corner of the world has to offer.

Please contact me directly for the full appraisal and short video highlights of the facility.

Highlights of this practice include:

  • Immediate growth potential
  • Spacious and comfortable facility
  • Great work life balance
  • 7-10 new patients per month
  • Over 35% hygiene revenue

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed to qualified purchasers
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • Offers will be submitted as received
  • 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
  • Our vendor is looking to close this practice sale in Spring 2024

For more information or to schedule an appointment, please contact Drew Markham, Sales Representative.

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