Practices For Sale

Ref# 5153

Status: Conditionally SOLD

Location: Atlantic Provinces

Gross Revenue: $1,493,442

Appraised Value: $1,484,690

Asking Price: $1,484,690

Cash Earnings: $727,824

Nova Scotia

Who needs the big city?

This opportunity offers all the amenities – where every aspect of dentistry is performed, with easy access to the great outdoors and 4 seasons worth of ‘entertainment’, is less than a 45-minute drive to Halifax and close to an international airport (and zero traffic to contend with), a low cost of living, in a safe community, with nearby craft breweries/wineries, etc. – the list goes on!

This general practice was first established in the 1960s, under current ownership since the mid-nineties, and enjoys a reputation as the go-to practice in the area.

Comprehensive preventive care is provided to a highly educated patient base, with all but 15% of the regular patients appointed with the hygiene team at least every 6 months.

Currently, 6 days of dentistry chair time are offered weekly by the owner and their associate (who is on contract).  However, there are no weekend or evening hours in the schedule, which may present an expansion opportunity.

Because of the unwavering devotion to the provision of hands-on care by the practice owner, our Vendor will only entertain offers to purchase from a clinician who maintains a similar philosophy.

If desired, and upon mutually agreeable terms, the owner has agreed to stay on post-closing as your part-time Associate for up to 3 years.

Highlights of this practice include:

  • All fees higher than the NSDA Suggested Fee Guide
  • 4 Ops; 1,554 square feet – all on ground level
  • Digital practice – patient records, 3D CBCT Pan and intraoral scanner
  • 60+ hours of hygiene time per week
  • Ample free parking
  • Natural light bathes all treatment areas
  • Incredible cash earnings of over $725k
  • Enjoy a long-term premise lease or purchase the Real Estate

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 24 hours of your request, to those who have completed a ROI Corporation Confidentiality Agreement
  • The Appraisal will only be distributed to pre-qualified candidates
  • Showings  to qualified buyers will be scheduled by appointment
  • Offers to Purchase will be presented as received
  • ROI Corporation will prepare all Offers on our standard forms for your lawyer’s review
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice

For more information or to schedule an appointment, please contact Dr. Jeff Williams, Associate for Atlantic Canada.

 

 

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