ON – South Brampton Family Practice
Looking for a practice with a large patient base, strong new patient flow, and lots of revenue upside? This well established, 5 op, 1600 ft2 family practice in South Brampton could be just what you are looking for. The practice has over 3,000 total patients, more than 300 new patients a year, and strong collections based on a loyal patient base that doesnt expect co-payment write-offs.
There are approximately 10 days a week of dentistry, 11 days a week of hygiene and a lot of work is referred out of the practice. The owner is only doing 2 days of dentistry and is joined by a group of long-time associates. The practice takes a conservative approach to diagnosis and treatment planning. A more modern approach that brings billings up just to an average level per patient would increase revenues over 20%.
The practice was growing going into COVID and has recovered very well from the COVID shutdown. They have invested in leasehold improvements including doors on all ops, air filtration, improved communication systems to simplify patient entry and flow and also adjusted staffing appropriately. The result is revenues running well ahead of 2019 levels over the same time period.
With all this going for it, this practice will appeal to both first time buyers and individuals who are looking to expand their existing dental business.