This is a great opportunity to buy a practice with a large high-quality patient base, complemented by a strong hygiene program and a low-cost structure. Whether you’re an aspiring entrepreneur or a seasoned professional, this practice offers the potential for growth, success, and financial prosperity.
In the current landscape of dental care, acquiring new patients stands out as a formidable challenge, especially in an oversaturated market. This practice has succeeded in enjoying rapid growth, with a new patient flow of over 750 new patients in the 12 months ending Sept 30th, 2023, and 555 new patients in the year prior.
The practice has seen over 2,500 patients in the 12 months ending September 30th, 2023, and almost 3,000 in that 24-month period. With an 84% hygiene compliance rate, the practice’s emphasis on a preventive-oriented philosophy is not just a commitment to oral health but also a strategic decision that proves to be both profitable and sustainable.
This well-established practice has been in its current store front location for over 40 years. Having been extensively renovated in the last few years, the practice includes 6 operatories, a sterilization/lab area, private office, consult room, staff room, and a pan, all in ~2,000 square feet.
The lease and renewal terms run for approximately 11 more years, and includes an exclusivity clause in this busy retail location!
The vendor is happy to stay on for a transition period, working on a reduced schedule for up to 6 months.
If you would like further details, please complete the enquiry form below and contact Jennifer Blair at 416-576-1427 (Jennifer.Blair@henryschein.ca) or Kelly Hoffman at 519-575-3400 (Kelly.Hoffman@henryschein.ca) with any questions. We are moving quickly to sell this practice, so please get in touch soon to schedule an appointment to see it.