Ref. #1270 | North Eastern Ontario | 10 Ops & The Building

Location: North Eastern Ontario

# of Patients: 3200

# of Operatories: 10

Revenue: $2400000

Reference #: 1270

This partially associate driven Dental practice has operated here for over 35 years and has developed a loyal patient following. The practice and building are expansive, covering over 7,500 square feet, on a large lot with lots of parking.

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Why We Love This Particular Opportunity

Relaunched (formerly listing 1232) listing for a large practice in a rural town in North Eastern Ontario.
This partially associate driven Dental practice has operated here for over 35 years and has developed a loyal patient following. The practice and building are expansive, covering over 7,500 square feet, on a large lot with lots of parking.

The partially associate driven practice produced over $2,400,000 in the past year, with over $1,000,000 of cash flows, and $500,000 of EBITDA to the owner. This production was based on seeing 3,200 active patients and has attracted over 500 new patients in the past year. The production has recovered from 2021, when the vendor suffered a major health issue and was only available to practice for 35 days for that year. He has been able to return to work on a part time basis only. Despite average DDS coverage the practice regularly produces over $220,000 per month and continues to gain momentum.

The practice is in a small town with limited competition, and ample patients. In addition, this is a prime summer destination, and the population would expand during summer months. While the practice has the capacity to grow, the current layout of 10 operatories, combined with the size of the building, gives the new owner some additional flexibility. The building features 4 large suites that give the new owner the chance for additional rental income.

The owner is selling due to the ongoing health related issues but may be willing to associate back for a limited, part time basis to help transition the practice. The practice is an example of an amazing country practice, with lots of patients, loyal staff, real estate ownership, and a chance to have work life balance.

 

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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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