Viewed by 1317 people
|Ref# 4293||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||~$515,760||$620,250||$649,000||~$200,160|
Sale Structure: Share Sale
Ottawa – West
A highly successful, general practice is offered for sale. This solo owned, forty-year practice is located in the city’s west end, with a ground floor location. The owner prides himself on having built a caring, patient centred practice which has always placed the highest priority on the patients needs.
The practice is generally open, 4 ½ days per week. There are 3 ½ days of hygiene representing 32% of the revenue. In 2017 the total revenue was just over $500,000 with strong cash flow earnings of 37% to the owner. 2018 revenue is estimated to be slightly lower ( less than 4%).
The updated, 3 operatory facility includes a 4th room that is plumbed and wired for an operatory. The total space of 1400 square feet includes 200 additional square feet of storage on the lower level. The owner has continuously updated the practice and it includes digital radiography, both intra-oral and panorex and new sterilizer.
The owner would like to work in the practice after sale on a part-time basis and is interested in transitioning the practice to a buyer who shares his practice philosophy.
- Confidential Practice visits can be scheduled after hours or on weekends
- Offers will be presented to owner as received.
- Closing date is flexible or TBD