Ref# 5160
Wellington County
ROI Corporation is thrilled to present a very special opportunity to purchase a mammoth family practice in this beautiful corner of the Greater Golden Horseshoe. Established in 1990, the practice is the area’s preeminent dental location and part of the fabric of this large and historic township. Generations of this community trust in the professional and contentious dentistry provided by our talented owner, who is supported by dedicated long-term associates and a tenured team that are only really starting to hit their stride
An enviable following is the reason for the consistent growth and continued future revenues that a new owner can enjoy. The billing per patient ratios and built-in capacity of this 9 OP facility allows an investor immediate free cash flow from day one. Additionally, applying identifiable economies of scale in the medium term to optimize expenses will significantly enrich a future multiple.
Our client is looking to stay involved at the practice in a slightly reduced schedule, allowing the new owner the comfort and security of idyllic continuity upon succession. Our client owns the building in which the dental practice is one of many tenants. The sale of the building does not make sense in this instance. Our client will be more than happy to provide a secure long lease to the future owner.
Pre-Screening Process:
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Upon receiving your request for privileged information, interested buyers will have a private one-on-one phone interview to qualify for investment viability
- In order to attend the open and view the complete appraisal, buyers are requested to provide confirmation from their lender supporting their capability to qualify for financing at this level. We are aware that a lender cannot give a blanket authorization but can at least provide comfort in allowing us to know this transaction can be completed. A similar endorsement from a CPA is also encouraged
Highlights of the practice include:
- Estimated Gross Fiscal 2025 – $4,067,414
- Cash earnings – $1,794,770 – 44%
- Over 4,400 unique patients seen in the last 12 months
- Significant room to extend current opening hours and treatment options.
- Secure premise lease
- The vendor wishes to make themselves available for a healthy transition
- Hygiene 35%
- CBCT, CEREC, and all the latest Technology deployed
Key Dates and Timelines:
- A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
- A virtual tour will be provided to qualified parties
- A Confidential Open (by appointment only)
- The Practice Appraisal, in its entirety, will be released electronically to qualified parties
- 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 prefers a closing date in Q1 2025
For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative.