South-Western Ontario: General Family Dental - REF.#1185
Asking price: $385,000
Appraised price: $377,918
REF#. : #1185
Type: General Family Dental Practice
Region: South-Western Ontario
SQFT: 770 sq/ft main floor, 730 sq/ft lower level
Gross Rev: $357,908
Status: CONDITIONALLY SOLD
We are pleased to offer an excellent opportunity to purchase an established dental practice in a medium size city in South-Western Ontario. The practice is manned by the owner/doctor and a hygienist. Hygiene represents about 20% of the production.
The office does not offer evening or weekend hours, it is a Monday to Thursday practice. Approximately 70% of the patients have insurance coverage, with less than 1% social services. Assignment makes up about 13% of the collections.
The practice is located in a converted house on one of the main streets. It is easily accessible by private vehicle and public transit with free parking. The facility consists of 770 square feet on the main level & 730 square feet in the lower level. The practice includes 2 operatories, sterilization/laboratory area, staff room, reception area, business office with the mechanical and washroom in the lower level.
There is a significant opportunity for growth with an ambitious hands on owner.
NEW: There is also property ownership available with this opportunity.
The private and confidential showings will be held on Sunday, November 25th, 2018.
To discuss this practice in greater detail and book your private, confidential appointment contact Tom or David Schramm.