Practices For Sale

Ref# 5162

Status: Updated

Location: British Columbia

Gross Revenue: $1,454,484

Appraised Value: $1,369,870

Asking Price: $1,300,000

Cash Earnings: $934,454

BC INTERIOR – Updated Appraisal – previously listed as REF# 4995

Our client’s boutique periodontal practice is nestled in a community of BC that is growing well above that of the province and Canada, offering the best of hiking, skiing and great outdoor living. The savvy buyer looking to live an amazing, balanced lifestyle with cash earnings of over $900,000 a year working an easy schedule of 4 days a week with 10 to 12 weeks of vacation yearly will appreciate this exceptional opportunity.

Our vendor is a leading, well-known and highly respected periodontist, open to mentoring a colleague to successfully take over and enjoy this unique opportunity to flourish in the areas of implants, grafts, ridge site development and periodontal plastic procedures. Indeed, a generous transition is available to the purchaser who wishes to capitalize on the continued revenue stream from the vendor post-sale. With the property also for sale, the buyer will benefit from real estate ownership, including financial advantages and being their own landlord.

Other varied specialized dental treatments are in great demand in this community. This opens the possibilities for a prosthodontist or surgically skilled general dentist looking to build their own practice and lead as a specialist in this city while our client provides the continued revenue stream and eventually transitions out.

Our client’s clinic has been a stable anchor in this city for over 25 years and boasts a loyal and long-established team of 2 hygienists and a constant demand from patients for periodontal care. It is located at street level, on a main throughway of the city hub, adjacent to a blend of retail shops and a high-density residential neighborhood. Both the practice and the property lend a very bright, pleasant work environment and have been lovingly maintained with leaseholds completed in 2012.

Highlights of this practice include:

  • ~ 1,479 square foot space with 4 operatories
  • Owner schedule: 27 hours weekly; 10 to 12 weeks of vacation yearly
  • CADI, CBCT, laser technology, Curve Hero CRM, IV sedation
  • Growing patient base able to support an additional dentist
  • Owner and hygienists are booked up 8 weeks ahead
  • The office does not accept any assignment of insurance benefits
  • Currently over 1,500 patients in active treatment and approximately 1,400 in recall/maintenance
  • Property for sale for $750,000

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

 

For more information or to schedule an appointment, please contact Pascale Guillon, Sales Representative and/or Elliott Broad, Sales Associate.

 

For more information or to schedule an appointment, please contact Pascale Guillon, Sales Representative and/or Elliott Broad, Sales Associate.

 

 

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