North York: General Dental - REF.#D1164
Appraised price - practice: $785,527
Asking price - practice: $795,000
REF#. : #D1164
Type: General Family Dental Practice
Region: North York
SQFT: 1,000 sq/ft
Gross Rev: $558,622
MBC Brokerage is pleased to offer an excellent opportunity to purchase an established dental practice in North York. This practice is mostly manned by associates (the previous owners) and hygiene, which represents about 30% of the production. The office offers evening hours, but is a Monday to Thursday practice. Approximately 80-85% of the patients have insurance coverage and assignment makes up about 50% of the collections.
The practice is located on the second floor of a medical/dental building on a major street servicing a diverse clientele in a high density residential area with new developments ongoing. It is easily accessible by private vehicle and public transit with free parking and a nearby subway station. The facility consists of 1,000 square feet. The practice includes 4 operatories, sterilization area (w/mechanical), laboratory, reception area, business office, private office/consult room and washroom.
There is a significant opportunity for growth with an ambitious hands on owner.
The private and confidential showings will be held on Sunday, October 14th, 2018.
To discuss this practice in greater detail and book your private, confidential appointment contact Tom or David Schramm.