Located in a busy strip plaza with plenty of free parking, this spacious and beautifully updated 1,500 square foot practice is equipped with 4+2 operatories, a private office for the Dentist, consultation room, staff room, lab & sterilization area, as well as a separate utility room. Operating at 4.5 days a week, the practice has a strong hygiene program in place, making up about 44% of gross revenues in the year ended 2014. It is fully updated with digital and paperless systems throughout. Current active patient base is approx. 1,500, with an average of 100 new patients per year and over 80% insured. The lease has just been renewed for an additional 10 years with two 5 year extensions available! Showings will be appointment only, after interested parties have read over the full appraisal. For more information please contact Cassandra Paolella.
GTA (Peel Region) Practice
Status:Sold Premium
EBITDA:21.47%
SQFT:1,500
Gross Rev:$794,700+
Appraised Value:$825,000
Hygiene hours per week:52
Number of Operatories:4+2
Patients (active):1,500
Patients (new):10/month