Practices For Sale

Ref# 5127

Status: Available

Location: Atlantic Provinces

Gross Revenue: $1,418,911

Appraised Value: $1,440,700

Asking Price: $1,400,000

Cash Earnings: $540,730

Annapolis Valley

ROI Corporation is delighted to present this exceptional opportunity located near the Greenwood Air Force Base in the beautiful wine /bread basket of the Annapolis Valley.

Acquired from the previous practitioner in 1998, this general practice was relocated to a newly constructed building in 2015 and has shown steady growth over the last 3 years with proportionate growth in cash flow.

This modern practice with ample natural light was custom decorated and features 6 operatories, which can easily be expanded by another four. The owner, associate, and their team of 3 hygienists provide dedicated and thoughtful care to their patients, with a focus on conservative, quality, general dentistry.

Located in the commercial heart of the area it serves, this locale caters to those wishing for a quieter lifestyle with immediate access to the outdoors. Its proximity to forests, lakes, rivers, beaches, cross-country skiing, and snowmobile trails offers an idyllic lifestyle for the discerning practitioner. The community offers modern public facilities, including a gym, movie theatre, and social activities.

Highlights of this practice include:

  • Greenwood Air Force Base is a source of numerous referrals.
  • Free standing building in central location built new in 2015
  • Building available for purchase.
  • ~ 2,400 sq. ft.
  • 6 fully equipped Ops.
  • Modern décor with natural light.
  • Free parking with wheelchair access.
  • 10 year lease with 5 year renewal.
  • ~ 24 hygiene appointments per day
  • Revenues are based on the practitioner working 21 hrs/wk., ~45 wks./yr; and, associate working 34 hrs/wk., ~44 wks./yr.
  • Digital radiography (including Pan).
  • ~ 3,329 patients seen in the last 24 months.
  • ~ 99% of patients speak English.
  • ~ 78% of patients live or work nearby.
  • Low A/R with bad debt at <0.5 of gross income
  • No weekends or evenings

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request.
  • The Appraisal will be distributed to pre-qualified candidates who have completed an ROI Corporation Confidentiality Agreement.
  • Showings will be scheduled by appointment.
  • 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 Andrew Bryson, Sales Representative.

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