Practices For Sale

Ref# 5149

A Unique Opportunity for Dentists: Established Practice in Winnipeg

If you are a dentist looking for a strategic entry into ownership in the Winnipeg market, this established dental practice presents a promising investment. Here is what sets it apart:

Highlights of the Practice:

1. Established Reputation

With 37 years of operational history, this practice has cultivated a robust reputation and maintains a loyal base of approximately 1,800 active patients. Such longevity indicates reliability, patient trust, and a significant foundation for new growth.

2. Consistent Financial Performance

The practice has consistently shown financial stability and growth. It currently boasts cash earnings of approximately $500,000 annually, highlighting its profitability and potential for continued revenue success under new ownership.

3. Under Market Rent

The owner enjoys the advantage of a highly favorable lease. The current rent is slightly over $1,000 per month for a 1,300-square-foot space within a medical building. This cost is well below both national and provincial averages, adding to the overall financial efficiency of the practice.

4. Operational Efficiency and Growth Potential

This practice is equipped with three fully operational treatment rooms functioning near optimal capacity, plus a 4th operatory that is already plumbed and wired. This setup allows for immediate productivity and opens avenues for future expansion without significant additional investment.

5. Strong Patient Demographics

A high proportion (85%) of patients are covered by insurance, providing a steady, reliable revenue stream. Additionally, the practice attracts approximately 20+ new patients each month, indicating a healthy growth trajectory and sustained community interest.

6. Flexible Transition Period

The current practice owner is committed to ensuring a smooth transition and is willing to remain as an associate for a mutually agreeable period. This period can be customized to suit your operational needs, offering continued mentorship and maintaining patient trust during the changeover.

7. Building Ownership Opportunity

A unique aspect of this investment is the potential to purchase a share of the medical/dental building. This not only secures your place within the facility but also provides enhanced financing opportunities, contributing to long-term stability and asset growth.

Why This Practice is an Excellent Investment:

For dentists entering ownership, this practice offers a balance of established success and future potential, backed by strong financials and a supportive infrastructure. The combination of an established patient base, reliable income, operational readiness, and potential for expansion makes this a standout opportunity.

Additional Information for Prospective Buyers:

• Practice Profile: Available within 48 hours of request.
• Confidential Viewing: by appointment only on Sunday, November 17th.
• Appraisal Release: Scheduled for Tuesday, November 19th by 5 pm.
• Offer Preparation: Our offer preparation instructions are available at any time.
• Offer Process: Offers will be reviewed as received and should be submitted with a certified cheque for 10% of the offer price, made payable to “ROI Corporation IN TRUST.”
• Offer Documentation: ROI Corporation will draft all offers using our standard format for legal review.

For more details or to schedule an appointment, contact Reema Singla, Sales Representative.