Due to the tragic and recent passing of the vendor, this practice has unexpectedly come on the market. With over 2,500 patients, this opportunity may be ideally suited for an energetic single owner/operator or a couple looking for work/life balance. The practice has historically only run 4 days a week but could benefit from increased hours in the future.
This well-appointed and spacious facility has great flow with 5 equipped operatories and an additional space plumbed/wired and ready to go. There are multiple administrative spaces and offices to accommodate continued growth.
With over 89% of all patients on a regular recall program, producing 50% of the overall revenue, this practice has a very strong hygiene program and dental IQ.
The strong team in place will help to ensure a smooth transition to the new owner. In addition, the strength of the profitable and sustainable hygiene program will enable ongoing success and will offset much of the potential attrition that might otherwise occur.
The practice is located in a busy northern community with easy access to Toronto or Ottawa, with regularly scheduled one hour flights, or along major highways.
There is significant upside potential to further increase revenues if the new owner is able to keep many treatments in-house that are currently referred out.
Due to the current situation, preference will be given to potential buyers who are able to move quickly to close a sale and begin working in the practice. There will be a locum on site to ensure ongoing patient care until the new owner is in place.
The full appraisal and value will be available by Jun 10th and will be forwarded to interested individuals at that time.