Practices For Sale

Ref# 5052

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $998,400

Appraised Value: $1,376,610

Asking Price: $1,376,610

Cash Earnings: $403,387

 Kitchener/Waterloo

This location is accepting offers to purchase individually (#5052) or as part of the dental group (all 5 locations Ref. #5050)

ROI Corporation proudly presents this stunningly built, established general practice in Kitchener/Waterloo, Ontario.

After a years-long battle with an illness, the owner of this practice has sadly passed away. The late doctor did not work in this practice, which has been serviced by a comprehensive team of operations managers and associates since its inception in 2010.

Situated on ground level in a vibrant retail plaza, this AAA location offers excellent exposure and patient convenience.  Generating an average monthly production of more than $74,800, this practice has treated over 1,366 unique patients in the last 24 months and performed minimal specialty treatments.

A gorgeous, modern facility spans 1,664 Sq. Ft and is home to 5 fully equipped operatories, consultation rooms, and more. Industry-leading business systems have been implemented in this practice, including fully digital X-rays, panorex, digital charting and Tracker practice management software.

This is a fantastic opportunity to purchase a highly profitable practice (#5052) or purchase as part of the dental group (#5050) and continue the dental legacy of our late client.

Highlights:

  • The sales structure is an asset sale, which is rare and provides significant tax advantages to the purchaser.
  • Cash earnings exceeding $403,300.
  • 1,366 unique patients seen in the last 24 months
  • 90% of revenue generated from Diagnostic, Preventive and Restorative codes.
  • Accounts Receivables managed well below the industry average.
  • No demolition or termination clauses in the premise lease.
  • Ample free parking for patients and staff.

Additional 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.
  • This location is accepting offers to purchase individually (#5052) or as part of the dental group (all 5 locations Ref. #5050)
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
  • The estate prefers a closing date of Friday, June 7th, 2024.

 

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

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