Rural Practice for Sale

Ready to own a practice outside of the GTA?  This bright and recently updated dental practice is located an hour north-west of Kitchener in a small community in Huron County.  This 650+ square foot office is in a medical professional building with a newly installed elevator, making a trip to the dentist an easy one even for the for the aging segment in the dentist’s patient base. The practice is equipped with two operatories and serving around 1,250 active patients with a very limited schedule.  This is a non-assignment office with no active marketing taking place as the current owner has decided to limit new patients to only those affiliated with current patients.  This does provide an excellent opportunity for growth by extending the hours of service and limitations for new patients.  The practice does not have room for an additional operatory, however with a conservative approach to hygiene this office is producing well below the Ontario average per patient, which means there is great opportunity for the new owner to expand revenues within the existing arrangement relatively easily.

Additional Features Include:

  • Patient base is about 70% insured
  • Located on the main strip of town
  • Currently referring out a large amount of endo, othro and perio services
  • Plenty of free parking

Current owner will assist buyer with a transition period, to be negotiated.  Showings will be held, by appointment only, on Saturday September 12th and Sunday September 20th .

Letter of Intent and Offers due no later than Thursday September 24th at 3pm.

For additional details please reach out to Cassandra Paolella, Sale Representative.

Status:New EBITDA:$153,000 +/- SQFT:650 +/- Gross Rev:$465,000 +/- Appraised Value:$700,000 Hygiene hours per week:21.5 Number of Operatories:2 Patients (active):1,250 Patients (new):3/month

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