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|Ref# 4362||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||$1,120,100||$1,601,850||$1,750,000||$571,450|
Sale Structure: Share Sale
This highly profitable practice is located at a major intersection in the heart of Brampton offering easy access to the large, surrounding residential population.
The very well-equipped ~1,600 sq. ft. facility is located on the second floor of a professional building in a lively, multi-use plaza. Ample parking is available to all patients and the practice benefits from above average exposure from extra signage on the building exterior. With 4+1 operatories, a pan/ceph, digital x-rays and charting, this practice offers a purchaser everything they need for a successful career.
In addition, thanks to a very favourable cost structure, the eventual purchaser can enjoy cash earnings (prior to doctor’s compensation) of close to $400,000 after debt service. With such a competitive dental market in the GTA, this office manifests a perfect blend of efficient operations coupled with a healthy dose of goodwill. The net result is a rare opportunity to purchase a secure location that generates fantastic cash earnings and still has an abundance of opportunity to further increase profit margins.
Highlights of this Practice Include:
- 32% of revenue is generated by the hygiene department
- Almost all speciality services are referred out
- Approximately 1,500 active patients
- Well insured patient base with excellent collections
- Secure lease of over 15 years (no demolition clause) at favourable rates
- 4 fully equipped operatories with an additional 5th to expand into
For more information or to schedule an appointment, please contact David B. Rourke.