Waterloo Practice For Sale

This mature family practice is located in the desirable city of Waterloo. The 1,100 sqft facility is situated in a strip plaza and is equipped with 3 operatories, a private office, washroom facilities, staff room, sterilization area, and more.  The practice currently has 850 active patients with an average of 11 new patients a month and is grossing around $415,000.  While the hygiene production accounts for about 28% of the overall revenue, there is substantial upside potential for a new owner to tap into; the clinic is currently billing about $135 per active patient per year in hygiene revenue, whereby the current Ontario average is about $250 per active patient per year. The practice is primarily run with Associates and offers limited evening hours, with no Friday or Saturday availability.

Additional Features Include:

  • Currently referring out approx. 2 endo, 2 ortho, 2 surgeries and 2 paedo cases per month.
  • Favourable lease with exclusivity
  • Plenty of free parking for patients
  • Practice has a very modern and visually appealing website
  • Patient base is about 80% insured with 5-8% using social assistance
  • Staff contracts in place

Owner will assist with a transition period, to be negotiated.

For additional information, please reach out to Cassandra Paolella, Sales Representative.

Status:New SQFT:1,100 Gross Rev:$415,000 +/- Appraised Value:$778,700 Hygiene hours per week:19 Number of Operatories:3 Patients (active):850 Patients (new):11/month

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