Ref. #1229 | East Oakville | 4 Ops

Location: East Oakville

# of Patients: 970

# of Operatories: 4

Revenue: $800000

Reference #: 1229

This practice was established in 2003, purchased by the current owners in 2013 and provides a complete range of dental services and a strong Hygiene program.

The 1,640 square foot, 4 operatory practice is well equipped with excellent finishings, a Cerec, Pan, and digital radiography. Further, the premises lease gives unfettered access to the premises with lease term and extensions extending to at least 2038.

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Why We Love This Particular Opportunity

 

General family practice in a busy commercial area in East Oakville. This practice was established in 2003, purchased by the current owners in 2013 and provides a complete range of dental services and a strong Hygiene program.

The 1,640 square foot, 4 operatory practice is well equipped with excellent finishings, a Cerec, Pan, and digital radiography. Further, the premises lease gives unfettered access to the premises with lease term and extensions extending to at least 2038. The location is not close to a residential area, but, is in one of the busiest areas of East Oakville and West Mississauga with close access to major highways.  There is ample free parking for patients and staff.

Aside from one owner working in the practice, the practice employs a part time associate and good staff. The practice treats 970 active patients, and regularly produces over $800,000 per year in revenues, with 37% from Hygiene. The practice generates $350,000 in DDS cash flow and $180,000 of EBITDA.

The owners are selling, as the owner who works in the practice, needs to spend time on a new practice recently purchased in central Toronto. The owner is willing to provide transition on a reduced schedule.

 

 

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5/5
"The benefit of working with PPS is that they will analyze the practice, create a valuation, and allow the free market to determine the practice value. Gerry, Colin and Dave have great insight into the dental industry and are able to assist a dentist in buying or selling a practice. and their shared experiences benefit the dental industry as a whole."

Dr. Bobby Chagger​

CEO, Chagger Dental
Dr Bobby Chagger
5/5
Mon expérience avec PPS, et Gerry Crandles, a été extrêmement positive pour la vente de mon cabinet. Le modèle d'évaluation était incroyablement complet, objectif et multidimensionnel. La communication a toujours été rapide et claire et, le cas échéant, Gerry a pu servir de médiateur dans les négociations entre moi et l'acheteur. Gerry était professionnel et respectueux dans son approche, tout en restant authentique et empathique dans son comportement. J'ai toujours eu l'impression qu'il était un membre très engagé et compétent de mon « équipe de transition », ce qui m'a procuré une tranquillité d'esprit inestimable au cours d'une étape aussi importante dans la vie de mon cabinet. Je ne peux pas imaginer passer par ce processus sans son expertise.

Docteur Gord Bunt

Gord Bunt, Dentist

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