Location, Location, Location! This 3 day a week family practice is in the middle of extensive condominium development. A total of 985 stories and 9731 units are currently or soon to be under construction within a 4 block radius, providing a huge source of potential new patients.
The current owner has been gradually winding down over the past years, but wants to see the practice transitioned to someone who will look after his current patients and invigorate the practice. A total of over 203 unique patients have been to the practice for one or more appointments in the past 24 months, with 180 having one or more hygiene visits, translating into an 89% compliance rate.
The facility includes 2 equipped operatories, a lab/staff room and a doctor’s office, which could be converted to a third op, in a total of 901 square feet. The lease and other costs are reasonable. While the current lease ends in December 2017, the landlord has indicated a desire to enter into a new long term lease with a new purchaser.