Ref# 5154
Okanagan Valley
It is with great pleasure that ROI Corporation announces the opportunity to acquire this unique dental practice located in the scenic Okanagan region.
Conveniently situated in a high-density residential neighborhood with newly built high-rises and a rapidly growing community, this practice enjoys a prime location on a major arterial road in the Okanagan at a bustling intersection. This high-visibility location attracts 25 new patients monthly and offers ample free parking and convenient access to public transit.
The current owner has consistently invested in technological upgrades to provide state-of-the-art care for patients. Recent enhancements include the transition from paper to digital record-keeping, digital radiographs, intra-oral cameras, and the latest Trios-5 scanner. Spanning over 1,100 sq. ft., the facility includes four fully equipped operatories (with plumbing for a fifth), a separate sterilization and a dental lab area, storage room, private office, and more.
A remarkable 98% of the patient base benefits from some form of dental insurance. Generating an average monthly production of over $100,000, the practice has demonstrated consistent year-over-year growth and continues to expand. This, in turn, has led to remarkably strong cash earnings, demonstrating the financial strength of this practice.
Family commitments have motivated the current owner to relocate, presenting a fantastic opportunity for a new dentist to take over this thriving practice. Located in a highly desirable area of the Okanagan, this practice is attractively priced for a timely transition.
The strongest advocates for this practice are the patients themselves, who often share their positive experiences with friends and family. This has resulted in a loyal, long-term patient base and a practice with solid cash flow.
Practice Highlights
- Continuously growing practice
- Very low rent with potential for expansion
- Accounts receivables are well-managed, significantly below the industry average
- Average monthly production of $100,431
- No evening or weekend hours; operates four days per week
- Well-managed expenses, leading to above-average cash earnings
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 to qualified potential purchasers
- Offers will be presented when 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
- Our vendor is looking to close this practice sale as soon as mutually convenient