Practices For Sale

Ref# 5090

Status: Offer Registered

Location: Ontario

Gross Revenue: $463,373

Appraised Value: $836,000

Asking Price: $863,000

Cash Earnings: $199,316

Oakville

ROI Corporation is delighted to present this excellent opportunity for ownership in a highly desirable and mature area in Oakville.  This will be a share sale.

Opened in 2017, this office has 3 operatories with room for a 4th.  This tastefully designed office occupies approximately 1500 square feet and is in a commercial /business plaza with excellent visibility and easy access to the QEW.   The clinic also has a staff room, a private office and plenty of natural light in each operatory.  The current lease is up for renewal in 2027, and the vendor will assist with the negotiation of additional terms for the new owner. The rent is extremely reasonable, at approximately $3K per month.

A new owner will take this clinic to the next level with a good marketing plan and by providing the availability of same-day dentistry.  Currently, the practice is on track to reach $500k in production this fiscal year with a conservative schedule of only 3-4 days per week from 1 dentist/owner and a hygienist.   Our client does external referrals for procedures such as endos, ortho and pediatric.  Most patients have excellent insurance coverage.  This clinic offers a strong foundation for success with approximately 400-500 active patients.

Highlights of this facility include:

  • 3 fully equipped operatories with room for a 4th
  • Belmont and Sirona chairs and delivery units with A-dec steri system
  • Business office, and Staff room/lab
  • 80% of patients have excellent insurance
  • Assignment with excellent collection policy
  • Maxident software
  • Located in a highly visible location

Additional Purchaser/Advisor Information:

  • A Practice Profile and virtual tour will be provided within 48 hours of the request to those who have signed a confidentiality agreement
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed following the Open
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline
  • Offer deadline will be Friday, June 21st by 5pm
  • 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, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

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