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Sale Structure: Share Sale
This Oakville practice has the potential to grow instantly!
Our client has only been practicing part-time since September 2016. Due to a substantial family matter starting shortly after the purchase of the practice our client has not had the time, energy or capital to engage the true potential of this practice, location, and established patient base.
The practice has 1,100 patients and does not accept assignment.
With 37% of the production coming from hygiene and the office referring out a large amount of dentistry, a hands-on owner could easily realize the inherent upside potential.
The associate is long standing and has been slowing down their dentistry and wishes to retire upon sale. Enjoy a small medical cost share partner which can cut down on costs and generate new patients.
The practice would benefit from a full time dentist with energy to advertise, open more hours (currently open 4 days a week and no evenings), and have one dentist practicing full time at the office.
New development of high-end town-homes and a multi-story condo building is ongoing in the immediate area.
This is a fantastic opportunity to build value and will receive significant demand.
If you are interested in more information, please see below or contact Robert MacDonald directly.