PRACTICE FOR SALE

TYPE OF PRACTICE:                General Family Practice

LOCATION (GENERAL):           Victoria, BC

PRICE:                                    $ 2, 202, 370 (Assets)

GROSS BILLINGS:       Total: $2,880, 000 (approx) – based on last twelve months billings

Adjusted Net Income                                      $1,235,000 (approx.) - 45% of revenue

Practice Production for 2008                         $2,845,328

% of production collected                              100%

Associate Production for 2008                       $739,175

% of production collected                              100%

Hygiene production for 2008                         $377,744

% of production collected                              99%

ACTIVE PATIENTS:                                         Total: 3600 (approx.)

NEW PATIENTS PER MONTH:                         Total: 60                                 

PREMISES:      AMOUNT OF SPACE:           Total:  2,500 sq. ft. (approx.)

                        MONTHLY GROSS RENT:  $5,660.00

                   TERM OF LEASE:              Ten year term;  expires Feb 28, 2010

                                                          Two five renewal options available.

AGE OF PRACTICE:                                         26 years – 9 years at current location         

OPERATORIES (#):  6                                     EQUIPPED:  6 – to be shared

DAYS PER WEEK:                                            To be determined by new owner (unrestricted)

OTHER:    Very successful high end dental clinic.  Excellent opportunity to establish your own practice with immediate revenue, as part of this large, successful clinic.  Solid patient base with 60 new referred patients per month!  Large, bright office.  Excellent exposure with lots of parking.  Be mentored by the best for long term success.

100% Financing Available with Vendors Financial Institution!

For additional information contact:

Al Heaps 

604-644-6297

Ruth Chatel 

604-220-4830

Henry Doyle 

604-724-1964

al@heapsanddoyle.com

ruth@heapsanddoyle.com 

henry@heapsanddoyle.com 

PRACTICE SALES ¨ EVALUATIONS ¨ TRANSITION CONSULTANTS