Ref 1491 Dental Practice for Sale by Professional Practice Sales

Ref.# 1491 | Scarborough | 4+1 Operatories

Location: 1491

# of Patients: 3250

# of Operatories: 4+1

Revenue: $2800000

Reference #: 1491

The 40 year old practice is located in a major indoor mall in central Scarborough, close to the 401 and 404. The practice serves 3,250 active patients with 30 new patients per month. The practice produces $2,800,000 in revenues, with excellent profitability $1,650,000 of cash flow, and $1,000,000 of EBITDA.

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Why We Love This Particular Opportunity

The practice was family operated with the current owner (son) taking over in 2015. The practice serves 3,250 active patients, with mixed backgrounds (50% caucasian, and 30% social assistance and CDCP), with 30 new patients per month. The practice produces $2,800,000 in revenues, with excellent profitability $1,650,000 of cash flow, and $1,000,000 of EBITDA.

The lease extends until 2041 and despite a demolition clause (blacked out for 5 years), the mall is slated for redevelopment within 10 years by NADG. it is possible however that the landlord may protect tenants through phased redevelopment.

The owner will transition for at least one year, but is flexible. The value has been reduced significantly due to the status of the lease.

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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.

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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