Ref. #1230 | North York Vaughan | 4 Ops

Location: North York Vaughan

# of Patients: 1700

# of Operatories: 4

Revenue: $950000

Reference #: 1230

General family practice on Steeles Avenue near highway 400 in North York. This practice is approximately 20 years old and was purchased by the current owners in 2020.

 

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Why We Love This Particular Opportunity

General family practice on Steeles Avenue near highway 400 in North York. This practice is approximately 20 years old and was purchased by the current owners in 2020.

The 1,900 square foot, 4 operatory practice is well equipped and nicely appointed. The practice has a premises lease that gives unfettered access to the premises with lease term and extensions extending to at least 2046. There is ample free parking for patients and staff.

Aside from one owner working in the practice, the practice employs multiple part time associates, including the original owner. The practice treats 1.700 active patients, and regularly produces over $950,000 per year in revenues. The practice generates $500,000 in DDS cash flow and $240,000 of EBITDA.

The owners are selling, as they have not been able to spend enough time in the practice and have a focus in their primary practice. One of the owners who works in the practice is willing to provide transition on a reduced schedule.

 

 

BUY WITH PPS

Why You Should Buy A Practice Through PPS

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.

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"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

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