ON – Greater Waterloo Family Practice
This is a rare chance to purchase not only a well established and growing dental practice but also a building renovated and upgraded in 2020.
The conservative approach to dentistry of the present owner, as well as large numbers of outbound referrals affords an opportunity to a new owner to bring many of these services and treatments in-house. There are currently 30-35 referrals out of the practice each month, or more than 350 referrals annually.
The practice has seen more than 3,400 unique patients annually over the past couple of years, and more than 300 new patients in a 12-month period. The patient base continues to grow, and with new housing developments in close proximity to the practice this growth is likely to continue for many more years. To go along with that growth, the practice recently added an additional equipped operatory, for a total of 7, and there is still room for more in the facility. There is a strong sustainable hygiene program in place with an over 91% compliance rate.
The practice is centrally located with high visibility, full wheelchair accessibility, plenty of free parking for patients as well as staff. The current owner of the practice has added glass partitions and doors to the operatories, and provided air purifiers to each operatory (2 for each hygiene room). There is also onsite laundry available with a commercial grade negative air pressure/air purifier in place. With new leaseholds and renovations completed this year, the practice is turn-key ready for a new owner operator.
Fully staffed, the practice has a good mix of established and newer staff members. All staff members and the associate have signed contracts in place. There will be enough staff in place to deal with the expected ongoing growth of the practice, removing the necessity for the new owner/operator to make any significant staff changes.
Act today at the chance to own this ideal well-established practice. There are building and practice appraisals ready for review.