Practices For Sale

Ref# 4296

Status: Sold

Location: Ontario

Gross Revenue: ~$649,600

Appraised Value: $640,980

Asking Price: $725,000

Cash Earnings: ~$258,300

Northern Ontario

Established for 35 years, this practice is in the only retail mall in this northern Ontario town, only 30 minutes from a larger city.

Despite its location in a mall, the practice is only open 4 days per week, with no evenings or weekends worked. The practice has a large patient base and annual production is approximately $650,000. Highlights of this practice include:

  • 4 operatories plus a Pan in approximately 1200 sq. ft
  • Very reasonable rent
  • Excellent hygiene production – approximately 40% of gross
  • Two hygienists provide 8 days of hygiene per week
  • Non-assignment practice except for First Nations patients, who account for 20-25% of the total patient base
  • Very low accounts receivable
  • Vendor willing to stay on as an associate

For more information on this practice, or to book an appointment at the Open, contact Bill Alton.

 

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