Practices For Sale

Ref# 5156

Status: Sold

Location: Ontario

Gross Revenue: $2,515,656

Appraised Value: $3,045,770

Asking Price: $2,800,000

Cash Earnings: $1,205,006

Oakville, Ontario

ROI Corporation is honoured to represent our client in the sale of this established dental practice.

This 4-operatory practice is situated on the 4th floor of a professional building in the heart of beautiful Oakville. Our client takes great pride in his clinical expertise, and in turn, has attracted a loyal, dedicated base of approximately 1,000 high dental IQ patients who truly value the enhanced service offering of this boutique-style practice. The practice performs a significant amount of comprehensive restorative treatment and is complemented by two hygienists and 3 part-time associates, including a periodontist who attends the practice 3 times per month.

Our client remains passionate about the clinical aspect of dentistry and would be thrilled to accommodate a smooth transition by staying on as an associate. As such, this opportunity is equally suitable for a dentist of any skillset, as the vendor can ensure that current production levels are maintained as comprehensive care offerings are continued.

Highlights of this Practice Include:

  • An average of 70 hours of hygiene per week
  • An affluent and high dental-IQ clientele
  • Clinical records, and X-rays are stored digitally
  • Average monthly production of $200,431
  • Equipped with an Itero scanner
  • Patients are accustomed to no evening or weekend hours
  • Annual production has seen consistent growth over the years
  • Well-managed expenses have resulted in above average cash earnings of over 45% of gross income

Additional Purchaser/Advisor Information:

  • A Practice Profile will be available to qualified purchasers within 24 hours of your request
  • A confidential Open will be held by appointment only
  • The Appraisal will be available to all qualified purchasers
  • Offers will be presented as received
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

 

For additional information, please contact Alexis Sweetnam, Sales Representative.

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