Ref 1487 dental practice for sale by Professional Practice Sales

Ref. #1487 | North Eastern Ontario | 2 Operatories | Motivated Owner

Location: North Eastern Ontario

# of Patients: 1000

# of Operatories: 2

Revenue: $850000

Reference #: 1487

The established practice is located in a 2 story converted house, plenty of parking, with amazing Ottawa river view. The 1,500 square foot building features two well equipped operatories, an upstairs living area, and can be expanded if needed.

The practice has operated on a part time basis, as the owner works 2 long days per week. The practice conservatively treats 1,000 active patients with good new patient flow. In addition, the practice has a full time hygienist working 4 days per week.

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Why We Love This Particular Opportunity

The practice produces $850,000 in revenues with $450,000 of owner cash flow and $190,000 of EBITDA. The building is offered for sale at $425,000, and an AACI appraisal has been commissioned to confirm value.

The owner is selling as he owns 2 practices in Scarborough, and due to a recent event, must focus his attention on managing the GTA practices. The owner is willing to associate back into the practice on a reduced schedule for a limited time to assist with the transition (maybe 2 days per week every 2 weeks for 5 months.

This practice is extremely unique as because of its location, it is the only practice within 45km and serves a total population of at least 5,000 residents. The owner did stay overnight in the property, thus reducing need to commute and increase convenience. This is an opportunity to own a highly profitable practice, with growth potential, with limited competition.

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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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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
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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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