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|Ref# 1909||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
A delightful, rural practice located in an agricultural community in Norfolk County - South of Brantford. This is a spacious, 4 operatory practice that is full of charm and country sensibility.
The practice has been at this location since 1975 and was renovated in 2007. It is attached to a magnificent century residence owned by the spouse of the vendor. The vendor is one of only two dentists in the community.
The practice has traditionally billed $500-600K per year, but last year’s production of approximately $375K was down due to a reduction in dentist time at the practice. It is currently a 3 day/week practice, but could be quickly re-established as a full time practice. Cash flow is projected to be in excess of $100K after debt service based on current production. There is a good hygiene program in place, representing approximately 30% of gross billings. In addition to the hygienist, there is one assistant and one receptionist.
For more information on this opportunity, or to arrange an appointment to see the practice, contact Bill Alton.