Location: Scarborough
# of Patients: 1362
# of Operatories: 3
Revenue: $660000
Reference #: 1227
Exciting opportunity to own your own practice for less than a start-up.
Vendor has been operating this practice for 42 years and will retire after a smooth transition.
Exceptional Hygiene program (42.8% ) , most Endo , Ortho, & Oral surgery referred out.
Vendor does a fair amount of hygiene that can be delegated to a hygienist.
Instant cash flow from the 1362 patients seen in the last two years , 1156 last year .
21-22 new patients per month mainly from word of mouth/walk-by from referrals. Very little spent on advertising.
Busy intersection close to major highways, plenty of ample free parking .
Lease (remaining term plus renewals) in place until Jan 2033 without demolition or termination clause .
Renovated with new equipment and flooring in 2016.
$274k to owner operator (3 year average).
$143 k Normalized net income (aka as EBITDA) for investor dentist – 3 year average .
Principal and interest = 131 k year one (amortized over 10 years at prime minus .25%).
Improve top line by doing procedures referred out and expanding hours.
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.
If you would like more information regarding our services, please reach out anytime. Our PPS Team look forward to connecting
ON: 1-905-472-6000
BC: 1-604-913-7717
