Established general family practice in a mid sized growing town in the Durham region.

Situated along the 401 corridor, the practice is well located in the town, in a busy strip plaza with good visibility and strong anchor tenants. This 2,000 square foot practice is very well appointed with excellent finishings.

The growing owner driven practice is very well run with excellent cost controls resulting in above average cash flows. The practice produced over $1,400,000 in the past year, with $850,000 of cash flows and almost $500,000 in EBITDA.  This production was produced on a patients base of over 1,700 patients and continues to attract over 20 new patients per month.

The owner has grown the practice through a combination of conservative dentistry, with a focus on prevention and hygiene. Aside from being very efficient, the owner built a team who have been empowered to focus on patient care, which has resulted in patient satisfaction and loyalty. Furthermore, although there was some marketing, the practice still has potential to grow as the community is growing rapidly with new homes and development.

The owner is selling to slow down to spend more time with family and improve his work life balance. In addition, with the current growth, the practice will really benefit from adding another Dentist and the current owner really didn’t want to be the one to take it to the next level. Although selling, the owner is willing to associate for potentially the long term and would be more than happy to mentor the new purchaser and help grow it further.

This is an excellent growing practice with loads of potential in an excellent growing location with an owner willing to assist the transition.