Practices For Sale

Ref# 4265

Status: Sold

Location: Ontario

Gross Revenue: $857,720

Appraised Value: $1,160,560

Asking Price: $1,200,000

Cash Earnings: ~$415,600

Niagara Region

An opportunity awaits a hands-on dentist looking to further their career outside of the competitive GTA.

This established practice was purchased by our client in 2004 along with the 2-storey building in which it is housed. With the real estate available for sale, a new owner can enjoy the benefits of being their own landlord with additional income potential from a residential rental unit on the upper level. The facility boasts excellent visibility and exposure with ample free parking for patients and staff.

Our client is currently working a modest 3 days per week, accompanied by 4 days of hygiene. A new owner could see an immediate increase in production by keeping the several services referred out on a monthly basis in house and expanding office hours.

Highlights of this practice include:

  • Tastefully updated facility with room for expansion and fully equipped with a pan, digital x-rays and charting
  • Excellent growth potential by way of increasing advertising efforts and expanding office hours to accommodate evening and weekend appointments
  • Approximately 1,100 patients have attended the practice in the past 12 months
  • Superior cash earnings of 48% of gross
  • Excellent exposure and visibility on a busy, main street

For more information or to schedule an appointment, please contact Alexis Sweetnam.

 

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