Barrie Practice and Building – repost

NEW ASKING PRICE

This beautifully updated family practice is located just moments from HWY 400 in an attractive detached bungalow, which is also for sale!  The paperless practice is situated in a growing community and operates at a reduced schedule of 2-3 days per week, despite the demand for more hours, which makes for great upside potential.  The practice services about 450 active patients and has an average of 8 new patients each month.  The facility occupies over 1,100 square feet above grade and consists of 2 ops (2 fully functional, 2 which are plumbed and ready to be equipped – currently a Private office and Sterilization Area), a generous waiting area, a private office, a large pan area, separate lab and sterilization rooms, staff room/kitchen, multiple restrooms and a partially finished basement with lots of space to expand.  Updates include a new roof, high efficiency furnace, central air conditioner, a Nest smart thermostat, new flooring throughout, fresh coat of paint, new signage and large pan area, just to name a few.

The tremendous amount of potential in this practice makes it very appealing for any new purchaser looking to make this their primary office.  The Practice is valued at $405,000, asking $375,000. The Building is valued at $675,000.

Additional Information:

  • Digital X-rays and Digital Pan
  • Tons of natural light (in the basement as well!)
  • Hygiene approx. 40% of production
  • Ample free parking
  • Great street exposure and signage
  • Limited evening and no weekend availability currently offered
  • Patient base is approx. 80% insured
  • Building is Wheelchair Accessible

Showings will be by appointment only, after interested parties have reviewed the full appraisal. Offers will be presented when submitted. 

Interested parties are asked to please contact Cassandra Paolella.

Status:New SQFT:1,140 +/- Gross Rev:$275,000 +/- Appraised Value:$405,000/$675,000 Hygiene hours per week:14.5 to 19.5 Number of Operatories:4 Patients (active):450+ Patients (new):8/month

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