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Sale Structure: Share Sale
This 2 operatory general practice is located in a strip mall on a main thoroughfare in Kanata. A third room, currently used as a private office, is plumbed and wired and can be outfitted for an additional operatory. The practice was established about 18 years ago.
The practice is open 5 days per week and will occasionally offer weekend or evening appointments under special circumstances. Due to demand for appointments, the owner has recently employed a dental hygienist one day per week.
This is a solid, well-performing practice that will provide a new owner with a good cash flow while he/she pays down the debt. There is high demand for practices in Ottawa and this practice is not expected to be on the market for long.
Our client is retiring and he is willing to assist in a short transition period of one or two days per week for 2-3 months.
Highlights of this practice include:
- Recently upgraded to digital radiography.
- Gross Income averages about $400,000 per year.
- The practice is well managed with cash earnings of ~50% of gross revenue.
An Open is scheduled for Sunday, February 22nd. Appointments may also be scheduled upon request.
For more information or to reserve an appointment, please contact Ann Wright.