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|Ref# 3028||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Sold||$234,160||$262,690 + $380,000 (property)||$662,690||$56,340|
Sale Structure: Asset Sale
This 30 year old general family practice is operated by a solo dentist. The practice is open 4 days per week plus a half day on alternating Fridays. Located in a converted 2-storey house, there is good exposure on a main street with plenty of parking. The property, which is appraised at $380,000, must be sold with the practice.
Highlights of the practice include:
- Natural lighting
- Ample free parking
- 4 day workweek (plus half day on alternate Fridays)
- Property ownership
- Historical, friendly town near the GTA
The building consists of 1,384 square feet on 2 floors. The practice currently occupies 2 fully-equipped operatories, sterilization area, mechanical area, reception area, business office and washroom on the main floor. The private office, staff room and storage are on the second floor. The second floor is also plumbed for another operatory.
This town, near the GTA, is experiencing continued growth. This opportunity would be an excellent starter practice for a young dentist or provide property ownership for an existing practitioner looking to relocate.
For more information or to book an appointment, please contact Timothy Brown.