Welcome to Professional Practice Sales
Professional Practice Sales has been serving the dental profession in Ontario and Western Canada for over 25 years. We are known for our honesty, integrity, and superior value. As knowledgeable professionals we value your practice, in confidence, show you how you can get the maximum return on your investment and then take you through the steps of marketing the practice. We handle all the details of the sale process.
General Family Practice
Location, Location, Location! This is an updated listing for a general family practice located in Scarborough, close to 401 and 404. Excellent location, with nearby malls, surrounded by new condos, and across from Shoppers Drug Mart.
This 2+1 operatory, 1,257 square foot practice is in a busy strip plaza, with ample free parking, and good anchor tenants. This 10 year old practice is very well built, and nicely appointed. It features 2 well equipped operatories with Covid friendly barriers, plus a fully plumbed third op, and a preplanned Panoramic X-ray room.
The practice treats almost 1,200 active patients, and has excellent cash flows. The practice is very conservative, offering basic hours, and other than some orthodontics, focuses on restorative and preventive dentistry. There is a long term premises lease in place until May 2030, that could be extended closer to the renewal of the next term.
The practice is well run, but has room to expand hours, and marketing efforts to build new patient flow. The partially associate office had grown to over $600,000 in 2018, but due to a decease in the family in 2019, the dentist had to reduce work days in 2019. However, in 2020, the owner returned to work full time, and the practice has rebounded to consistently bill well in excess of $55,000 per month.
The owner is a gentle dentist with excellent personal skills, and is willing to associate back into the office to assist with the transition. The owner wants to slow down and spend more time to assist with taking care of her young children.FULL LISTING
General Family PractiVce
General family practice located in Vaughan. This 4 operatory, 1,900 square foot practice is situated on the main floor of a strip plaza on a busy street, with plenty of parking. The location is in a busy commercial area, with close accessibility to highway 400 and Highway 407. The practice is very well run with an experienced owner, excellent staff, and good associates. There is room to expand hours, and marketing efforts to build new patient flow.
The practice produced over $725,000 in revenues, with cash flows to the owner Dentist of over $370,000. The practice conservatively treats 1,450 active patients (800 in the past year) and gets over 20 new patients per month. In addition, the practice is partially associate driven and has a good hygiene program.
The Vendor owns the suite, and will offer the purchaser a long-term premises lease at current market rental rates. Although it is not for sale now, the owner could offer a first option to purchase the suite in the future.
The owner wants to slow down and spend more time to assist with taking care of family. The owner is willing to associate back with the practice for a couple of days per week for up to one year to assist with the transition to the new owner.
The practice is appraised at $1,035,000, and offered for sale at $1,100,000.
We will be showing this practice by appointment on Sunday, November 29, 2020.
General Family Practice - Relisted