Practices For Sale

Ref# 3059

Status: Sold

Location: Ontario

Gross Revenue: ~$403,040

Appraised Value: $477,330

Asking Price: $477,000

Cash Earnings: ~$156,740

Halton Region – Immediate Sale Due to Health

After a rewarding career our client is retiring due to immediate and urgent health concerns.

Located in a professional building, this charming 3-operatory family practice has been serving the community for almost 30 years, the last 13 by our client. Over the last 3 years our client has steadily reduced his hours due to health issues and has most recently been working approximately 20 hours per week. The staff and hygiene team have maintained normal office hours and a temporary reduction in doctor revenue is the only recent impact.

An excellent opportunity exists for a patient-focused practitioner to provide high-quality dentistry while substantially increasing the revenue on a family-friendly work schedule.

Highlights of the practice include:

  • 53% of revenue is generated by the preventive program
  • The majority of specialty services are referred out
  • A well-insured patient base that is predominantly non-assignment
  • 4 day workweek plus 1 Saturday per month

Timelines for this opportunity are as follows:

  • Priority will be given to offers that contain an early closing date
  • Offers with few or limited conditional dates will also receive priority

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