Practices For Sale

Ref# 5055

Status: Sold

Location: Ontario

Gross Revenue: $1,828,880

Appraised Value: $3,066,530

Asking Price: $3,066,530

Cash Earnings: $914,879

 Tillsonburg

This practice is accepting offers to purchase individually (#5055) or as part of the dental group (all 5 locations Ref. #5050)

ROI Corporation proudly presents an established, profitable general practice in Tillsonburg, 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 2014.

Positioned directly on the main arterial thoroughfare, this practice is instantly recognizable to anyone passing through the town. This strategic location has contributed substantially to the 80+ new patients per month.

Generating an average monthly production of more than $157,900; this practice has treated over 3,706 unique patients in the last 24 months.

A newly renovated, custom facility spans 2,415 Sq. Ft and is home to 6 fully equipped operatories, a consultation room, a modern sterilization area 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 rare opportunity to purchase and continue to grow a highly profitable practice (#5055) or purchase as part of the dental group (#5050) and continue the dental legacy of our late client.

Highlights of this Practice Include:

  • The sales structure is an asset sale, which is rare and provides significant tax advantages to the purchaser.
  • Cash earnings exceeding $914,879.
  • 80 new patients per month.
  • 3,706 unique patients seen in the last 24 months
  • Accounts Receivables managed well below the industry average.

Additional Information:

  • A presentation will be hosted by Robert MacDonald and Nicholas Boyle 

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 (#5055) or as a dental group (all 5 locations Ref. #5050)
  • 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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