Take advantage of the wonderful Vancouver Island lifestyle, with this excellent opportunity to own an established family practice. In its present location for 40 years with a sustainable hygiene program, and a conservative approach to dentistry, there is considerable upside potential. The standalone building is also offered for sale.
The hygiene program in the practice is evidence of the preventive oriented philosophy, which carries over to conservative dental billings and a healthy level of outbound referrals. With approximately 45+ referrals per month to various specialists currently, a new owner-operator could easily take the practice to the next level by performing many of these procedures in house. A total of 1560+ patients have been to the practice for one or more appointments in the past 12 months, with over 1000 patients having one or more hygiene visits. Hygiene billings per patient are strong providing excellent revenue stability and a strong basis for a new owner to continue to build the hygiene program to its full potential .
The facility includes 6 equipped operatories, a staff room, two semi-private doctors offices, and an enclosed business office, in a total of 2114 square feet. Extensive leasehold improvements and updates were made in 2003. It is located in the downtown area with ample free street parking nearby.
As the standalone commercial building is being offered for sale with the practice, this is your opportunity to be your own landlord, and dispense with messy, costly lease negotiations!
The vendor is flexible with regards to a transition period to be negotiated.