Ref# 4760
Updated Appraisal as of November 8th, 2022
Hamilton
A well-established practice situated ground floor in a retail plaza, with exclusivity for dentistry in the plaza. Tenants of the plaza include a medical clinic and pharmacy. It is a very sound practice with few social service patients and low accounts receivable. There are 700 – 800 active patients. While there is a good hygiene program, the hygiene is done by the dentist, together with restorative and fixed and removable prosthodontics. The practice has an experienced staff plus an in-house dental lab with an experienced dental technician.
Highlights of this practice include:
- Current ownership since 1999
- 3 operatories in 1,065 sq. ft
- 500 sq. ft finished basement with an in-house lab. Basement rent is free of charge, as written in the lease
- 4-day week, Mon-Thurs
- Most complicated extractions, ortho and endo cases are referred out
- Annual production approx. $325K
- Practice software is digital ready, offering the opportunity for conversion to a paperless office
- The lease extends to 2035 with no demolition clause
This practice offers a very solid base for a new owner to build on and represents good value for a prospective purchaser. The principal dentist is willing to stay on as an associate to facilitate a smooth transition.
For more information about this opportunity, or to arrange to see the practice, please contact Bill Alton, Sales Representative