Practices For Sale

Ref# 5057

Status: New

Location: Ontario

Gross Revenue: ~$845,545

Appraised Value: TBD

Asking Price: $500,000

Cash Earnings: ~$327,467

Northwestern, Ontario

JFK is quoted as saying, “The Chinese use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger, the other for opportunity. In a crisis, be aware of the danger–but recognize the opportunity.”

ROI Corporation has the unfortunate task of representing a practice where the dentist suddenly passed away. For the right person, this crisis is an excellent opportunity.

Located in NW Ontario, this town has a solid economic base supported by a world-class industrial mill. In 2023, the practice had a gross revenue of $850K and still referred out many procedures, with over 36% of production coming from hygiene. There is heavy investment in technology with a CBCT, digital scanner, microscope, and other high-end infrastructure in this 5 operatory practice. Growth would be immediate for a general dentist with a broad range of skills.

Due to unforeseen circumstances, a closing date would not be able to occur for 4-6 months. The successful candidate would have access to the entire practice in a subleasing arrangement until closing. A separate agreement for that phase would be completed.

As a result of these circumstances, the practice will be offered at substantially below market value, resulting in a dramatic return on investment for the buyer. Offers are being accepted immediately.

Additional Purchaser/Advisor Information:

  • A Confidential Open by appointment only
  • The Appraisal will be distributed when completed
  • Offers will be presented 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

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

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