Established general family practice in a busy professional building in Scarborough.
Situated on a very street near businesses and residential areas, the busy commercial building features a bank, plenty of parking and excellent anchor tenants. The main floor 5 + 1 operatory practice is very well appointed with excellent finishings and over 2,600 square feet.
The owner driven practice has produced over $1M in prior years, but the owner slowed down his work levels in 2022, and it produced approximately 900,000. The practice has good new patient flow and currently serves over 1,625 active patients.
There is a long-term premises lease in place, and the practice has loads of potential as the owner has slowed down, and doesn’t perform any more complicated services. The staff is excellent and would be willing to assist the practice to get to the next level.
The owner is selling to slow down and focus on family. Although selling, the owner is willing to work back into the practice as an associate for a couple of days per week for up to 6 months.
This is an excellent growing practice with loads of potential in an excellent growing location with an owner willing to assist with the transition. The practice is for sale for $1,450,000.