Practices For Sale

Ref# 4251

Status: Sold

Location: Ontario

Gross Revenue: ~$560,880

Appraised Value: $435,000

Asking Price: $450,000

Cash Earnings: N/A

North York (Sale of Goodwill)

Dear respected purchasers,

In our original advertisement of this opportunity, the asking price was listed as $600,000. Our client has instructed us to lower the price to expedite a sale. The new asking price is now $450,000 OR BEST OFFER.

Our client recognizes that an inability to transition in a clinical role may be a cause for concern for some potential buyers. To this effect they would like to reiterate that they are invested in the thoughtful assimilation of a cherished patient base and they are very open to a supportive transition that will assure minimal patient attrition.

The price change is to incentivize a fast close. Our client does not wish to entertain offers that involve payment at a later date and any offers should make provisions for payment to be made in full upon closing.

Highlights of the practice include:

  • As of December 2017, 986 unique patients have visited the practice in the last 12 months
  • Average monthly production of approximately $50,000
  • Approximately 40% of production is hygiene
  • 85% of patients have insurance coverage
  • Numerous outbound referrals that most GP’s would keep in house.
  • The practice is made up of high dental IQ patients respecting traditional appointment hours (9 – 4 Monday to Thursday)

This is the perfect opportunity to add instant revenue in this competitive dental region.

Interested parties should contact Robert Spillane for further information.

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