ON – Gateway to the Kawartha’s Practice
This well-established family practice is located in a large thriving community which serves as the gateway and primary hub to the Kawarthas area of Ontario. The practice boasts over 2100 patients each year, and consistently achieves 93% profitable and sustainable hygiene compliance.
The practice is located in a standalone building, with 1800 square feet, and has 6 fully equipped operatories with 5 fully enclosed. In addition to the lab, pan, sterilization area and a private office, there is still enough room to repurpose an existing space to add a consult room if desired. Best of all, you will have no future tenancy risk and will be able to fully control your occupancy costs as you become your own landlord.
The practice has historically run very efficiently, and has a very low-cost structure in place. The low costs contribute to great cash flow, close to $300,000 after compensation to the dentist, with more than $64,000 in projected cash flow still available to you as the owner, after loan repayment.
The current owner is open to staying for a minimum of two days a week for six months, with a longer extension possible if mutually desired, to help with a smooth transition.