Well established Central New Brunswick Practice for Sale

ROI Corporation is thrilled to introduce this prosperous, firmly-rooted general practice to the market. With its established success and longevity, this opportunity will attract a diverse pool of potential buyers. The current practitioner’s goal isn’t necessarily retirement, but rather achieving a more favorable work-life balance. Transition options span from an extended handover period to immediate ownership transfer, accommodating both younger dentists seeking a gradual transition and those ready to take charge from day one. The practice was established in 1979; and purchased by a second owner in 1993; before being acquired by the current owner in 1995. Subsequent upgrades in 2010 and 2014 with ongoing improvements to ensure modernity and efficiency. The practice features three operatories – currently a team comprising of 4 hygienists, the owner/practitioner, and 1 part-time associate. There is ample room for growth with available neighbouring space for expansion or the potential to enhance production within its existing layout. Nestled in the commercial heart of a North Central New Brunswick city, this region caters to outdoor enthusiasts with its proximity to forests, lakes, rivers, beaches, cross-country skiing, snowmobile trails, and ocean access, offering an idyllic lifestyle for the discerning practitioner. Highlights of this practice include: ~ 1,545 sq. ft. 3 fully equipped Ops Modern décor with natural light Central location, free parking with wheelchair access Renovated in 2010 and 2014 ~ 15 hygiene appointments per day Revenues are based on the practitioner working 30 hrs/wk., ~45 wks./yr; and, associate working 7.5 hrs/wk., ~39 wks./yr Panoramic x-ray ~ 2,200 patients seen in last 24 months (files are culled for inactive patients annually) ~ 98% of patients speak English ~ 85% of patients live or work nearby Low A/R with bad debt at <0.5 of gross income Local airport No weekends or evenings Additional Purchaser/Advisor Information: A Practice Profile will be provided within 48 hours of your request. The Appraisal will be distributed to pre-qualified candidates who have completed an ROI Corporation Confidentiality Agreement. Showings will be scheduled by appointment. 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, please contact Andrew Bryson, Associate for Atlantic Canada. Full listing: https://roicorp.com/listings/5005/

Andrew Bryson

Central NB

Fredericton New Brunswick E3B 6Z6

Canada

andrew@roicorp.com

902.410.2575

2024/04/29