Ref. #1480 | KW Tri-Cities| 3+1 Operatories |

Location: KW

# of Patients: 1189

# of Operatories: 3+1

Revenue: $823000

Reference #: 1480

This satellite 3+1 operatory practice occupies a spacious 2,200 sq. ft. suite situated near the universities in the K/W Tri-Cities.
Built in 2016, currently operating 4 days of hygiene and 5 days of dentistry per week.
Many student patients.

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Why We Love This Particular Opportunity

1,189 total active patients, 747 were seen in the last 12 months. Roughly half of the patient base is under the age of 30, with over 20 new patients added each month, a strong indicator of long-term growth potential.
Revenue Breakdown % of Total Gross Revenues
✓ 23.3% Preventative
✓ 17.1% Diagnostic
✓ 43.3% Restorative

Ideal for an owner-operator or a multi-clinic small corporation.
One of the main associates (15 hrs/week) will ultimately be retiring, and the principal has never seen any of the patients, creating a natural and smooth transition opportunity.
There is room to expand by equipping the 4th operatory and/or adding weekend hours.
The valuation has reflected the presence of a demolition clause; however, there have been no submissions to the city for redevelopment at the time of this valuation, and negotiations have been started with the landlord regarding a demolition clause blackout period.

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.

Rated 5 out of 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
Rated 5 out of 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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