Situated just moments from Lake Huron, this large family practice features 6 equipped operatories, a consultation room, 2 private offices, panorex/CBCT imaging room, and much more. With 2,200 Active patients and about 10 new patients each month, the practice is grossing over $1.5M with about 30% being attributed to hygiene revenue. The practice is operating on 4 days of hygiene and 4 days of dentistry per week, with very limited evening and no weekend availability. The current owner is ready to slow down and pass the torch on to the next capable owner, and is willing to assist in the transition process for up to 3 years.
Appraised Value: Practice $2,450,000 – Building $550,000
- 3D imaging system (Digital Pan w/ Ceph, CT Scan)
- Wheelchair accessible
- Plenty of free parking
- Lower than average overhead of 41.8%
- Above average cash flow (approx. $856,000 before professional compensation)
- Large, modern and beautifully decorated facility
- Digital systems in place
- Patient base is about 90% insured (including social assistance)
The building is also listed for sale and is in addition to the Appraised Value of the practice. A copy of the practice appraisal is available upon request. A building appraisal is to be finalized.
Offers will be presented when received. A confidential open house will be held (by appointment only) at a date to be determined. Interested parties are asked to please contact Derek Hill (905-984-5816 or firstname.lastname@example.org).