Annonces actuelles
This stunning 4-op practice is located within a bustling retail complex, with strong anchor businesses and plenty of free parking. The flourishing community is well-known for its breathtaking vistas, recreational activities, and relaxed, safe island way of life. Without the competition of an urban centre, the supply of new patients is robust, with an average 270 new patients visiting the practice each year.
With over $1.5 million in annual revenue and an efficient cost structure, the practice is highly profitable, and expected to deliver about $800K in cashflow (before paying the doctor). The established hygiene program is outperforming a typical practice, with 89% of patients attending regularly for hygiene and consuming on average 20% more hygiene care. An estimated 650 procedures are referred out each year, particularly surgery and ortho, which poses a windfall for a buyer able to keep some in-house.
Extremely busy and bursting with potential, the opportunities for revenue growth in this practice are abundant. With hygiene booked 4-6 months out and dentistry 2-3 months, the office recently started limiting new patient flow to keep up with the demand of its existing 1,750 patients. There is ample room in the schedule on Fridays, Saturdays and evenings to expand provider hours, plus an additional space plumbed and wired for a future 5th op, to alleviate capacity constraints, further build the patient base and deliver more care.
All the elements are in place to secure the success of the purchaser. Lease terms are favourable, with more than 12 years of tenancy length remaining with no demolition clause. Employees recently signed updated contracts. The Vendor would stay on for 6-12 months at reduced hours to support the transfer of patients and staff. Primed for growth, this practice is ready to soar to new levels of performance.
