Practices For Sale

Ref# 5139

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $799,776

Appraised Value: $962,930

Asking Price: $962,930

Cash Earnings: 237,268

Simcoe County

This well-established, multi-generational general practice is perfectly situated in the thriving core of a dynamic community. With the surge of federal manufacturing investment and increasing population growth in the area, the business is currently experiencing organic expansion and is positioned for even greater future success. Founded in 1985, the practice is highly regarded both locally and across the surrounding region.

Without ever having to externally market, a new owner would inherit a deep patient base that would be very receptive to a program of modern dental education that could open significant revenue streams. Our current owner is happy to remain involved and would acknowledge that between significant referrals and their own conservative approach, there would be significant accessible treatment to diagnose.

The 2,500 sq. ft. facility houses 5 fully equipped operatories and 2 that are already plumbed to allow for inevitable expansion under a modern approach. There is a pan and generously proportioned staff and patient areas for long term sustainability in a high traffic area with exceptional parking. The office was remodeled by Ash Temple in 1998, and although somewhat dated, the functionality of the office is not lacking. This office will appeal to buyers who place value in the acquisition of secure transferable goodwill.

Highlights of this practice include:

  • Fully digital office
  • Convenient parking dedicated for staff and patients
  • 1,250 unique patients in the last 12 months
  • ~10 new patients per month with no advertising
  • Demand to increase hours/days
  • Secure lease extends to 2039

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • A virtual tour and appraisal preview will be provided to qualified parties
  • A Confidential Open (by appointment only)
  • Within 48 hours of acceptance of an offer we request a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice.
  • Our client requests a closing date in Winter 2024

For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative

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