Dental Practice for Sale
North York (ON4422)
About the Listing
There is nothing better than patients who truly value the quality of dentistry they are getting and are prepared to pay for it. This is an increasingly rare non-assignment office, where patients get the dentistry they need and want, rather than just what their insurance plan will pay for. Over the years this has led to a patient base prepared to invest strongly in their oral health. Patient loyalty, as well as online reviews are excellent.
The practice has a strong focus on preventive care, with excellent patient compliance and recall frequency. This has led to a top decile hygiene program, with billings running 60% above average.
Although already well established, the practice offers opportunity for a buyer to expand the range of services, as all endo, ortho, paedo and most surgery are currently referred out. Costs are well managed, leading to above average levels of profitability, earning the vendor close to $500K on about $1.1mil in revenue.
The facility includes 5 ops, in an efficient, 1,454 sq. ft leased space, with an additional room plumbed and wired for a potential future 6th op. Situated in a highly visible, ground level unit, in a busy professional building, the office enjoys optimal exposure to a regular stream of foot traffic.
The owner is happy to transition for 6-12 months, to aid in a smooth transition and would be open to mentorship if a buyer feels that would be beneficial.
In person showings are planned for Sun Apr 27, by appointment. Virtual showings are also available, on a flexible basis, upon request.
Contact Listing Broker
Location:
North York
Status:
Signed LOI
Other Listing Details
Financial Overview:
Gross Collections
$1,107,347
Facility:
Square Feet
XXX
Equipped Operatories
XXX
Operatories for Expansion
XXX
To See More Information About Listings, Sign up as a Preferred Purchaser
Already a Preferred Purchaser? Sign in here.