We have an unique opportunity for you to acquire your own practice for half the cost of a new start. This fully equipped 4 op facility, with 500 patients and immediate cash flow, is in a retail mall located in a mixed-use retail/residential/commercial area of Downtown Ottawa. It is a well located and well laid out practice, which boasts more than 1,450 sq. ft.
The vendor currently works only 4 days per week, is very motivated to sell, and to transition the practice to a new owner. This office has seen between 500-600 patients in the past 12 months and regularly sees over 240 new patients per year. Lower than average hygiene compliance and higher patient turnover than usual creates a well-priced opportunity for a new owner to improve the hygiene program and patient retention, stabilize the practice, and greatly increase revenues.
The current lease runs through until March 2028 and has two 5-year options. The majority of the equipment is a bit older with everything in good working condition. With only 1 dentist and 1 hygienist currently working in the practice you can leverage the impressive new patient flow to grow the patient base without having to renovate the space you’re in. You can get all of this for half the cost of setting up a new location!!
Don’t delay if you think that this is the opportunity that you’ve been waiting for! There will be an opportunity to book an in-person to visit this practice on Sunday, January 29th, 2023. Letters of Intent will be due no later than Monday, February 6th 2023 @ 5 p.m.