Practices For Sale

Ref# 1901

Status: Sold

Location: Ontario

Gross Revenue: $380,660

Appraised Value: $452,120

Asking Price: $452,120

Cash Earnings: $137,750

Etobicoke, Ontario

This is a very well-established general practice serving several generations of families of this community.  Our client opened this office in the early 70’s and remains at the original location to this day.

The modest facility consists of 2 operatories with the opportunity to add a 3rd.

Our client enjoys a relaxed, 3-day workweek with hygienists working each day and producing ~40% of total production.

Our client does not, and never has accepted the assignment of insurance benefits.  Accounts Receivable are very low indicating an above average dental and financial policy IQ of the loyal patient base.

The practice is adjoined to a residence and they are offered only as a package, not separately.  Asking $450,000 for the practice and $780,000 for the property and residence.

 

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