Ref. #1433 | Toronto | 3+1 Operatories

Location: Toronto On Subway Line

# of Patients: 1106

# of Operatories: 3 + 1

Revenue: $980000

Reference #: 1433

Longstanding family practice on subway line with fantastic lease. No demolition clause! 3 Operatories with a 4th plumbed and wired.

1100 patients seen in last two years, 950 in the last 12 months. Vendor will stay on for up to two years at reduced hours to aid with transition.

One owner family practice has been operating in this location for 42 years.

Contact Us to Learn More About Listing Reference #1433
Looking For A Dental Practice?

Why We Love This Particular Opportunity

Practice is situated on the second floor above a major anchor tenant.

6 days of hygiene per week. Preventative codes = 36.6% of gross billings.

Low overhead (<50%).

Cash flow approximately $500,000 to owner operator (last year). 3 year average = $426k

Passive Income or Normalized Net Income after paying dentist wage of 40% = $266k this year and 3-year average of $245k.

Principal and interest = $212k first year, amortized over 10 years, easily cash flows with most major banks.

Most molar endo, ortho, oral surgery, and perio referred out.

 

BUY WITH PPS

Why You Should Buy A Practice Through PPS

PPS has vast experience selling professional practices and offer all buyers honesty, integrity and best in class service. We strive to achieve win-win transactions.

5/5
"The benefit of working with PPS is that they will analyze the practice, create a valuation, and allow the free market to determine the practice value. Gerry, Colin and Dave have great insight into the dental industry and are able to assist a dentist in buying or selling a practice. and their shared experiences benefit the dental industry as a whole."

Dr. Bobby Chagger​

CEO, Chagger Dental
Dr Bobby Chagger
5/5
Mon expérience avec PPS, et Gerry Crandles, a été extrêmement positive pour la vente de mon cabinet. Le modèle d'évaluation était incroyablement complet, objectif et multidimensionnel. La communication a toujours été rapide et claire et, le cas échéant, Gerry a pu servir de médiateur dans les négociations entre moi et l'acheteur. Gerry était professionnel et respectueux dans son approche, tout en restant authentique et empathique dans son comportement. J'ai toujours eu l'impression qu'il était un membre très engagé et compétent de mon « équipe de transition », ce qui m'a procuré une tranquillité d'esprit inestimable au cours d'une étape aussi importante dans la vie de mon cabinet. Je ne peux pas imaginer passer par ce processus sans son expertise.

Docteur Gord Bunt

Gord Bunt, Dentist

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