Dental Practices for Sale (Signed LOI)
Ottawa/Nepean GP Practice
About Listing #ON4182
Are you looking for a reasonably priced, well-appointed opportunity boasting 4 ops with room for a fifth, and that’s suitable for either a solo practitioner or as a 2nd or 3rd practice?
Situated in a retail plaza with two major anchors and ample free parking, this offering has manageable hours, the opportunity for growth, and is attractively priced with significant upside potential. It has over 1,000 patients seen in the last 12 months, and there’s still plenty of room for growth.
This asset sale practice offers sustaining cash flow, making it a great option for someone looking to become an owner-operator or an investor seeking a second or third practice. Currently operated entirely by associates under the ownership of an investor, the practice has about 80% of its patients covered by insurance and boasts over 80% compliance for hygiene recalls. It has consistently attracted 20-25 new patients per month over the last two years and has serviced more than 1,000 patients in the last 12 months, indicative of a solid patient base. There are still opportunities to expand in-house specialty procedures and increase overall dental service hours.
The practice has approx. 1,700 sq. ft. with 4 fully equipped operatories and a 5th plumbed and wired, a sterilization/lab area, a pan area, 2 offices, and a staff room. The current lease runs until June 30, 2031, with another 5 year renewal option available.
Both virtual and in-person showings are available by appointment only. Virtual showings are being offered on a flexible basis, with scheduled in-person visits to follow.