Dental Practices for Sale
York Region Ortho Practice
About Listing #ON4075
The practice is large enough to continue running as an ortho practice with room to grow, but could also accommodate an on-site paedodontist turning this single business opportunity into an even more profitable combined ortho / paedo practice. The opportunity may be ideal for an orthodontist who can add a paedodontist associate to the facility, or a paedodontist who can add an orthodontist associate to the facility.
This established ortho practice draws from an expanding community of more than 85,000 people in Southern Ontario. The current owner has steadily reduced his commitment time in the practice to accommodate other endeavours but referral sources have remained consistent, year over year.
Revenue in the practice grew 5% between 2021 and 2022, and another 9.5% between 2022 and 2023. The practice currently generates more than $1,000,000 annually and there is more than $640,000 in contracted but unbilled amounts in place.
Run in a spacious 2,500 square foot standalone building with great visibility, there are 3 individual operatories and a 4 chair ortho bay. There are 4 washrooms on site, a very large reception area, private office, consult/office manager's office, 2 staff areas, large equipped laboratory, sterilization area, on-site laundry, digital panoramic x-ray unit and more. The building includes ample parking for staff and patients.
The current owner is prepared to provide a very flexible transition with mentorship, practice management handover, introductions to the referral sources and patients, and collaborative treatment planning, for either a short or a long-time frame as desired by the purchaser.
After all expenses, based on projected compensation of $1800/day, with an additional $40K in cashflow after loan repayment, total owner/operator revenue will be between $320K and $360K annually, once the selling dentist fully retires.
If you would like further details, please complete the enquiry form below and reach out to Barb Johns at 289-242-8962 (barb.johns@henryschein.ca) with any questions or requests for appraisals. Please note, initial practice showings will be virtual only, booked on an individual basis. In person walk-through showings will be scheduled as requested.
Barb Johns,
Transition Sales Consultant & Sales Representative
Email:
Phone:
Toll free: 888-437-3434
Fax: 888-546-7940