Practices For Sale

Ref# 5172

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $2,800,307

Appraised Value: $5,437,850

Asking Price: $5,437,850

Cash Earnings: $1,298,833

 

Southwestern Ontario

ROI Corporation proudly presents the opportunity of owning a well-established, associate driven, and extremely profitable clinic. This highly performing office is exceptionally well run due to the strong infrastructure and foundation. To own a clinic of this calibre with further room to grow is rare.

The clinic has been a stable presence in the community for over 20 years.

Our client is an Investor Dentist™ who does not work at the practice and therefore, has no relationships with patients.  The choice to sell is part of a retirement strategy.

Key Highlights:

  • Gross income: $2,800,307
  • Cash earnings: $1,298,833
  • 3 associates being expensed at $602K
  • 5 hygienists producing 42% of gross production
  • 3,893 unique patient visits in past 12 months
  • 28 new patients monthly along with 20 emergencies
  • Open Dental software
  • ~40 monthly referrals (endo, surgery, ortho, pediatric)
  • 8 operatories with a 9th plumbed and wired
  • ~7,000 square feet

The Pre-Screening Process:

  • Upon receiving your request for more information, a Buyer Application will be sent for your completion.
  • Interested buyers will have a private one-on-one interview with Jackie Joachim, Chief Operating Officer, and must submit their completed application prior to the interview.
  • Qualified buyers may also be asked to provide confirmation from their lender supporting 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.

To start the Pre-Screening Process, please complete the required fields below and Jackie Joachim, Sales Representative & COO, or Constance Walker, Sales Representative, will be in touch.

 

 

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