Ref# 5124
Durham Region
ROI Corporation is delighted to present this excellent opportunity for ownership of two practices both located in a highly desirable and mature areas in Durham Region. The practices can be sold as a package or individually. Please click here to view the details of the second location (Listing #5125).
Practices operating in smaller towns enjoy many benefits that those in major cities – patients are more relaxed, pace is a little less hectic and sense of community is greater. Located within the historic downtown area, this particular community is experiencing growth and it is projected to exceed 23,000 residents by 2028. The average household income is $117,000 per year.
Opened in 2015, this practice has 3 operatories with room for a 4th. This beautifully designed office spans a little over 1,300 square feet. Our vendor owns the property and the opportunity to be your own landlord definitely exists. The property is valued at $965,000.
Our client owns multiple locations so a new owner will take this clinic to the next level with a good marketing plan and being available to book same day dentistry. Currently, offering 1 day a week of dentistry and 3 days of hygiene, the practice is on track to exceed $700k in production for the current fiscal year. 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
- 2 hygienists producing 35% of gross revenue
- Well trained staff including reception and 2 assistants
- All staff on contracts
- Fully digital office
- 80% of patients have excellent insurance
- Assignment with excellent collection policy
- Cleardent software
- Real estate also available for sale
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 following the Open
- The Offer Request Form must be submitted 48 hours prior to the Offer deadline
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review