Viewed by 852 people
|Ref# 4264||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||~$623,960||$766,470||$770,000||~$257,460|
Sale Structure: Share Sale
A mature general practice in the downtown core is offered for sale. The practice is over 30 years old and boasts a loyal patient base. The practice is open Monday to Friday with no evening or weekend hours, with five days of hygiene production. 2017 revenue is projected to be around $625,000, with hygiene representing 36% of the fees. The office does not accept assignment of benefits.
This practice represents an opportunity for a new owner to provide additional services. Crown and bridge and removable prosthetic services are provided, but generally all of the endo, surgery and orthodontics are referred out.
The 4-operatory practice has been updated with new leasehold improvements, practice management software and digital radiography. The current premise lease expires at the beginning of 2019 and includes two five-year renewals.
The owner is willing to work with a new owner for 6 months or more for 1-1/2 days per week.
Please direct any questions to Ann Wright via email@example.com