Ref# 5123
Southern Interior of BC
ROI Corporation proudly offers this dynamic 4-operatory solo practice, with the real estate also available for sale.
Welcome to the Southern Interior of BC – the perfect blend of natural beauty, vibrant community, and endless adventure. Spaced equally between Vancouver & Calgary, this region is great for those wanting to escape the big cities while still having access to them. This area has panoramic views of pristine lakes, lush forests, and majestic mountains. This is ideal for those seeking a serene yet active lifestyle. The practice is situated in a contemporary space designed with the latest advancements in dental technology and patient comfort in mind. At over 2,700 sq. ft., the office features cutting-edge dental equipment, ergonomic operatories, and stylish, comfortable waiting areas. Visiting the practice is effortless, thanks to the dedicated parking lot for staff and patients.
The standalone building was constructed in 1992 and renovated in 2017 after the vendor purchased the practice. An abundance of natural light floods all 4 operatories, accentuating the stunning leaseholds. With 2 X-ray rooms, a storage room, a separate manager’s office, and a staff room situated on the 2nd floor, the practice could be kept as is or expanded to feature a fifth operatory.
The office is open 4 days a week, with the vendor working all 4 days. Our client currently enjoys 5-6 weeks of vacation per year, which a buyer could reduce to increase the already strong revenue. The doctor sees 20-40 new patients per month, which helped make up the roughly 1,600 individual patients last year. With ~40% of production coming from hygiene and the bulk of specialty cases being referred out, there is massive potential for a buyer to capitalize on the revenue leaving the practice.
If you’ve been considering a change from the frenzied pace and ever-increasing costs involved with living in a large city and are looking for a more relaxed and profitable lifestyle, this practice may be for you.
Highlights include:
- Over $1.22m in annual revenue & ~$420,000 in Cash Earnings – from 32 hours/week worked
- 100% referral-based – very little advertising & promotion
- Clinical records, charts, and X-rays are stored digitally
- Remarkably low outstanding AR
- Ample room to expand hours and days of operation
- Property is appraised for $950,000
- Strong hygiene program booked 5 months ahead
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- A Confidential Open (by appointment only)
- The Appraisal will be distributed to qualified potential purchasers
- Offers will be presented when 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
- Our vendor is looking to close this practice sale as soon as mutually convenient