Located in sought-after Southern Vancouver Island, this exquisite, well-established, 4-op family practice , has a loyal growing base of about 2000 patients. A strong focus on prevention and patient education, has led to an exceptional hygiene program, with 90% of patients on a regular hygiene maintenance program. The principal has built their reputation primarily through word-of-mouth, community involvement and a high standard of care, with no formal marketing efforts. Fees for hygiene and many dental procedures are above BCDA Fee Guide, which patients are willing to pay, given the below average patient attrition.
The opportunity to also purchase the 1,734 sq. ft. facility is incredibly advantageous in a time when space and leases are one of the biggest barriers in owning a practice. Staff at this practice have a very positive and collaborative team dynamic, enriched by a supportive work-place culture.
Best of all, the practice has fully recovered from the pandemic and is highly profitable with cashflow after Doctor’s compensation of about $325K. With dentist billings per patient below average, despite premium pricing, there is significant potential for revenue upside. The Vendor is motivated to provide a smooth transition to help ensure the success of the purchaser.