Viewed by 2880 people
|Ref# 4246||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||$187,510||$449,830||$420,000||$45,150|
Sale Structure: Asset Sale
Initially listed with an asking price of $450,000
We welcome all buyers looking for a warm start to come and view this newly renovated practice which boasts a wealth of opportunity to an individual that wishes to grow equity without assuming a sizeable debt load from day one. The subject practice is located within a busy, fully leased retail plaza with many well-known tenants. Significantly, this is a service oriented plaza resulting in high volume consumer traffic, that makes for a built in and captive audience.
This settled community sits at the confluence of several large highways, with proximity to schools, community centers, Pearson airport and many complimentary amenities. The facility is a tidy 1100sq. ft. fully equipped 3 Op practice that is staffed and primed for success for a cost that would be less than starting from scratch.
The practice currently breaks even on 1.25 days of dentistry per week. A practitioner with an existing patient base or a business minded associate willing to maintain an associateship could quite conceivably supplement the practice with an existing patient base or maintain an associateship whilst growing this office to a full time location.
Highlights of this practice:
- ~200 active patients
- ~10 new patients per month on a 1.25 day week
- Room for expansion
- Ample and free parking
- Employees on contracts
- 90% of patients live close by
- Digital charting and radiography
Additional Purchaser/Advisor Information:
- A Practice Profile and appraisal will be provided to those who have completed a ROI Corporation Confidentiality Agreement
- Offers will be presented when submitted.
For more information or to schedule an appointment to view this practice, please contact David Rourke or Robert Spillane.