Ref# 5319
Petawawa, Ontario – Reduced Asking Price – Previously asking $1,130,740, now listed for $450,000
Real Property also available – Asking $1,150,000
When this practice originally came to market earlier this year, it was after the owner sadly passed away in September 2025.
While we understand these situations are difficult for the family, we also appreciate the concerns buyers would have regarding patient retention. Therefore, to bring this chapter to a close, the family has agreed to sell the practice as a facility.
At the time of his passing, the practice had a value of $1,130,740, based on gross revenue of $655,153. Now, as 9 months have passed, the price of the practice has been revised, and the family are now asking for $450,000.
The property is also for sale. The property is valued at $1,150,000, and the family wishes to sell both the practice and the real estate.
In today’s market, starting a practice for less than $700,000 is extremely difficult. However, starting a practice in Petawawa is an excellent option. Northern practices have proven to have better lifestyles, opportunities for more variety in dentistry and more relaxed patients than those in major urban centres. Petawawa itself is a major military town, which means most residents have strong benefit packages. It is also widely considered a wonderful place to live, thanks to its community-oriented lifestyle. Petawawa is also highly regarded for its affordability and status as one of Canada’s safest communities.
The current banker is very knowledgeable about the practice and is eager to assist the successful purchaser. Former staff are also available to return.
Highlights of The Practice:
- Facility is approximately 1,500 square feet
- Well-equipped facility
- 4 ops plus 1 plumbed and wired
- Ownership – be your own landlord
- Living accommodation available above the clinic
- Potential to see patients previously associated with the office
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- The Appraisal will be distributed to qualified purchasers who have signed our confidentiality agreement
- There is no formal offer due date, offers will be presented as received
- The Offer Request Form available upon request
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review