Practices For Sale

Ref# 5102

Status: Updated

Location: Ontario

Gross Revenue: $903,664

Appraised Value: $1,124,180

Asking Price: $1,124,180

Cash Earnings: $261,464

OTTAWA – Updated Appraisal

The building can be purchased or rented – Asking Price -$2,000,000

Ottawa

ROI Corporation is pleased to offer this solo-owned general practice for sale. The owner purchased the practice in 2005 and relocated to its current location in 2009. The practice is located on a busy road in the west end of Ottawa, steps from public transportation.

The current location is owned by the Vendor and offers an attractive long-term premise lease to the new owner. The office is located on the first floor of a building with upper and lower residential tenants. The 1,800 sq. ft. office has 6 equipped operatories, digital panorex and intra-oral radiographs, and paperless charting.

The owner practices on a limited basis and provides TMJ treatment. An associate practices 2-3 days per week and provides general dental services. A 2nd Associate provides surgery and implants approximately 1- 2 days/month. One dental hygienist works in the office 4 days/week.

There is a tremendous upside to purchasing this practice.

These include:

  1. The building can be purchased or rented
  2. An attractive premise with no demolition or relocation clauses can be secured
  3. Approximately 800 individual patients visited the office in 2023. Considering the Vendor’s limited treatment time, a detailed audit of the patient charts will certainly reveal opportunities for more comprehensive treatment options

Key Timelines

  • The Practice Profile is available now
  • The Confidential Practice OPEN by appointment only on July 14th
  • The appraisal will be provided to serious purchasers after July 14th
  • Offers will be due by Friday, August 2nd, by 3 pm EDT
  • All offers will be submitted on ROI Share Purchase Offer and a 10% deposit is required when an offer is accepted by all parties.
  • Closing is early autumn 2024 or TBA

For more information or to schedule an appointment, please contact Ann Wright, Sales Representative.

Request more details for this listing

In order to get more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information