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|Ref# 1765 R||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
Prince George, British Columbia
Established 35 years ago this practice moved to a retail plaza 17 years ago with the space renovated in 2004. It is located on a main street with high visibility, ample free parking and has an exclusive in the plaza. The lease has recently been renewed for 5 years with an additional 5 year option.
With no evenings and a 3 day weekend, the practice grosses in the high six figures with a “bonus” income provided by specialty fees one week per month. These extra fees are NOT included in the fair market value, but boosts the gross to almost 7 figures. The cash flow is 48% of gross.
The practice philosophy is preventive and patient centred with an active recall program serving 1,400+ patients. All modern amenities are included: 5 operatories, a lab, 2 private offices, a staff room and an Orthopos. Loyal and energetic staff support the practice and run it at optimum efficiency.
This practice provides a unique opportunity in an established, but rapidly expanding, dynamic community. It is prefect for an enthusiastic professional who is poised to take it to the next level.
The owner is retiring, is motivated to sell and open to negotiation.
Please contact Dr. Marcia Boyd with questions or requests for further information.