Post-COVID Update – initially posted in March 2020
A modest, well-established, restorative family practice located on an upper floor of a professional building in the core area of Hamilton is available for sale. Displaying promise for future growth, this owner-operated practice functions on a conservative weekly schedule and does not utilize any marketing initiatives.
The practice reopened on July 1st following a 3-month COVID-19 shutdown and is experiencing very strong patient demand as a result of the backlog.
The practice was purchased by the current owner in 1987 and moved to the current location in 1999. The location offers beautiful large windows in every operatory presenting a gorgeous view of the city. A spacious, clean reception area welcomes patients into the 1,445 sq. ft., 3-operatory facility.
It is apparent that the current owner provides a true level of care to the patients as all of the inbound referrals are by word of mouth from current patients. The facility is beautifully maintained and organized ensuring that operations are smooth and efficient.
Highlights of this practice include:
- 4 days per week with no evenings or weekends
- Lease to August 2021 with 2 x 5-year renewal options
- Tenant has the right to terminate the lease on 3 months notice
- Annual production $400K-$500K
- Hygiene contributes 38% of total production
- Pan x-ray
For more information, please contact Bill Alton, Sales Representative.