Practices For Sale

Ref# 3049

Status: Sold

Location: Ontario

Gross Revenue: ~$981,240

Appraised Value: ~$1,401,000

Asking Price: $1,500,000

Cash Earnings: ~$336,340

West GTA, Ontario

Appraised value to be confirmed at Open.

Open for just under 20 years, this outstanding established family practice is located in one of Ontario’s most desired cities.

Our client has spent a significant amount of time and money to invest in the office team and management systems. This investment produces above average results in an efficient and relaxed office atmosphere.

The hygiene program produces over 37% of the total production and is well above industry averages.

In 2012 the fiscal year production was $1,061,778

In 2013 the fiscal year production was $1,127,054

In 2014 the fiscal year production was $1,160,973

In 2015 the fiscal year production estimation is $981,000*

*The production decline in the 2015 estimated year is directly related to two key employees starting maternity leave at the same time. They both are planning to return in September 2015 at which time revenue will be restored to previous levels.

The practice’s accounts receivables are less than one week of billings and only a small minority of patients are on assignment.

Additional Purchaser/Advisor Information

  • The profile will be sent within 48 hours of your request
  • An Open is scheduled for Saturday, May 30th, 2015
  • The appraisal will be available on or before Monday, June 1st, 2015
  • Our client requests offers to be submitted on or before 5:00pm on Wednesday, June 10th, 2015

For more information or to book an appointment, please contact Robert MacDonald.

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