Ref. #1145 | General Family Practice
Location: North Burlington
# of Patients: 1200
# of Operatories: 5
Reference #: 1145
Please see this new listing for an established 5 operatory dental practice located in a busy plaza in North Burlington.
This established practice has operated here for 17 years, and has developed an excellent reputation in this growing community. The plaza is at the corner of a busy intersection, with excellent retail tenants including a McDonald’s. The practice is in a 2,000 square foot space and is well equipped with 5 functioning operatories.
The practice currently treats over 1200 patients and produces over $1,100,000, with excellent cash flows and profitability. The practice revenues haves declined slightly since 2017, as the dentist opened another practice in Toronto and had limited efforts to maintain this practice at peak levels.
The location has excellent visibility to the busy plaza, ample free patient parking and a strong loyal staff. In addition the practice has a 10-year premises lease with no demolition clause. While a longer premises lease would be optimal, the landlord will not grant any further extensions at this time.
The Dentist is selling in order to relocate to Toronto to be able to spend more time with her young family. Although her plan is to relocate, she is willing to associate back into this practice to assist with the transition for up to 2 days per week for up to 6 months.