Simcoe County Practice for Sale

An excellent opportunity for a New Grad or Dentist looking for favourable work/life balance – work just 2 days a week and take home approx. $200,000 a year!

Appraised Value: $565,000              Asking Price: $495,000

This well-established general practice is located in the growing community of Beeton, Ontario.  Over 1,000 active patients, most of which are acquired via word of mouth and general exposure of the building.  The practice operates at a schedule of 2 days/week (Monday and Thursday); The dentist works 19 hours a week, with hygiene operating at 17 hours a week.  Current owner not offering evening or weekend appointments, therefore there is a good an opportunity to expand the current hours. With 4 equipped operatories, the practice sees about 7 new patients a month and grosses about $430,000 with 35% of revenue coming from Hygiene.

This office is currently shared with another dentist (cost sharing agreement) who operates his practice approx. 23 hours a week (Tuesday, Wednesday, Friday half day).

Additional Highlights Include:
* Digital and Regular X-Rays
* 74% insured patient base
* Plenty of upside potential (current only billing $150/patient/year in hygiene with the Ontario average being around $240/patient/year )
* Panelipse in office
* Assignment office with excellent collections
* Plenty of free parking

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 EBITDA:$101,000 +/- SQFT:1,700 Gross Rev:$430,000 +/- Appraised Value:$565,000 Hygiene hours per week:17 Number of Operatories:4 Patients (active):1,000+ Patients (new):7/month

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