Practices For Sale

Ref# 5298

Status: Conditionally SOLD

Location: British Columbia

Gross Revenue: $801,163

Appraised Value: $1,014,140

Asking Price: $1,095,000

Cash Earnings: $616,229

Lower Mainland/South of Fraser

An exceptional opportunity to acquire a thriving dental practice in one of the Lower Mainland/South of Fraser most desirable areas. This well-established practice has been serving the community since 2006 and is ideally positioned on the ground floor of a busy retail shopping centre with plenty of free parking. The lease includes an exclusivity clause, providing peace of mind and protection for future growth.

The practice operates four days per week, with the current owner working 23 hours and taking 6-8 weeks of vacation annually. This schedule presents significant potential for expansion through increased chair time or additional operatories. Currently equipped with two operatories, the space includes two more rooms that could easily be converted, one of which is already plumbed.

With over 900 square feet, this clinic is efficient and well laid out. Long-term, experienced staff contributes to smooth day-to-day operations and a loyal patient base. Approximately 90% of patients have insurance coverage, and nearly all live or work nearby.

Financially, the practice is highly profitable, with strong cash earnings exceeding $610,000. The majority of clinical work consists of restorative dentistry, providing both stability and clinical satisfaction for the next owner.

This is a rare opportunity to take over a well-established, low-overhead, and highly efficient practice with substantial room to grow.

Highlights

  • 2 operatory practice that could easily be converted to 4 operatories
  • Restorative dentistry makes up ~60% of revenue
  • Incredibly strong profit ratio
  • Excellent lease with no demolition clause
  • Spacious reception area with natural light
  • High foot traffic with highly visible signage

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 as 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.

For more information or to schedule an appointment, please contact Dr. Marcia Boyd, Senior Associate, and/or Elliott Broad, Associate.

 

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