Practices For Sale

Ref# 5050

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $6,676,524

Appraised Value: $9,791,570

Asking Price: $10,250,000

Cash Earnings: $2,896,678

Ontario

This five-location dental group is ideal for the investor DentistTM or DSO.

ROI Corporation proudly presents an established, profitable and growing dental group.

After a years-long battle with an illness, the owner of this dental group has sadly passed away. The late doctor had not worked in any of the practices for almost two years. These practices have been operated solely by a comprehensive team of operations managers and associates since approximately 2022.

Each practice included in the dental group is unique and ranges in size, however, they are all managed under the same operations team and style which lends to a smooth transition for any buyer. Our talented former owner started accumulating practices in 2007 and steadily grew its operations in a very organic manner. Building a strong infrastructure and foundation allowed for the practices to continue to grow when our late client had to step away from hands-on practice and management for the better part of the last two years.

Newly renovated facilities span a total of 9,432 Sq. Ft and are home to 25 fully equipped operatories, each location is modern and implements Industry-leading business systems, including fully digital X-rays, digital charting and Tracker practice management software.

Secure lease terms are in place, and the option to purchase one associated real property is also available. The asking price is $1,010,000.

This an excellent opportunity to purchase a growing dental group and continue the dental legacy of our late client.

Highlights:
  • 11,546 unique patients have been seen in the last 24 months
  • 1,740 new patients added in the last 12 months
  • Highly efficient Hygiene program produces over 36.5% of gross production
  • Average monthly revenue of over $550,000
  • Extremely strong and capable operations team
  • Associates on written contracts
  • The sales structure is an asset sale, which is rare and provides significant tax advantages to the purchaser
Additional Purchaser/Advisor Information:
  • A presentation will be hosted by Robert MacDonald and Nicholas Boyle on Thursday April 11th, 2024 @ 7:15 PM

CLICK HERE TO REGISTER FOR PRESENTATION

  • A complete digital listing package will be provided, which includes video, 3D walkthrough, photographs, and floor plan.
  • The appraisal will be released to all qualified purchasers.
  • Due to the circumstances surrounding the listing, in-person showings will be available after offer acceptance. A complete digital listing package will be provided.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.

For additional information, please contact Robert MacDonald or Nicholas Boyle, Sales Representatives.

 

 

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