ON – Nepean Family Practice
Great Opportunity to buy a lifestyle practice in the Nations Capital! LOCATION LOCATION LOCATION!! This practice has a very desirable retail location with a grocery store anchor tenant!
With hygiene over 36% of the revenue, this practice offers a combination of stability with lots of upside potential. The current treatment approach can continue post sale or there is the potential to increase dental treatment offerings with lots of room for continued revenue growth. This gives the right purchaser the opportunity to further boost dental billings while maintaining the existing strong hygiene program. The retail mall has a grocery store anchor and there are currently 9 years of tenure secured and we believe any new buyer would be offered extensions if requested. Revenues have bounced back very well post COVID shutdown. Given the retail location, there is the further opportunity to expand opening hours.
Situated in a residential area in the South-west end of Ottawa, the practice is located in a retail mall with free parking and is wheelchair accessible. The vendor currently works 4-5 days a week and the associates represent a further 7 days of dentistry per week. Post sale the owner wishes to reduce hours as well as take some extra time off which will allow a new owner to step in and begin to develop relationships with both patients and staff and thus ensure a smooth, gradual transition.
Don’t delay if you think this checks all your boxes! This practice will be in high demand. There will be an opportunity to book an appointment to visit this practice on Sunday June 26th,2022. Letters of Intent will be due no later than Wednesday July 6th @ 5pm. Please contact firstname.lastname@example.org to schedule a showing today. If you have any questions don’t hesitate to contact Neil email@example.com or Bernie firstname.lastname@example.org.
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