Muskoka Area General Dental Practice & Real Estate- REF: #1441
2,174,861 CAD
Appraised price - Practice: $2,174,861
Asking price - Real Estate: $700,000
REF#. : 1441
Available: 06/07/2022
Province: Ontario
Type: General Dental Practice
Region: Muskoka Area
SQFT: 2,098 sq/ft
Gross: $1,187,533
Cash-Flow: $603,641
Status: SOLD
MBC is delighted to present this exclusive listing opportunity that should appeal to the discerning purchaser looking for a high-quality dental practice with an excellent cost structure and opportunity to continue the upward growth trend.
Located in a standalone building that is owned by the seller in a picturesque and growing Muskoka town, the practice is beautifully appointed with 4 fully equipped operatories and an additional room built out for a 5th op. The seller also owns the building and is offering it for sale with the practice.
Highlights of the practice include:
-All staff on proper, written employment agreements
-4 day work week with no evenings or weekends
-Operationally very sound with strong policies and procedures in place
-Non-assignment with excellent collections
-Busy hygiene program generating 38% of revenue
-20+ outbound referrals per month
-Over 1,600 patients treated in the last 12 months
-Digital x-rays and patient charts
-Schedule fully booked out 10-12 weeks for both doctor and hygiene
Our client is selling to transition into retirement but would like to continue to associate at the practice on a part time basis and is flexible to discussing different arrangements with the eventual purchaser. The favourable cost structure and existing demand within the patient base allow for a new owner to comfortably afford a part time associate while further increasing revenue.
Private and confidential practice viewings will be held on Sunday June 26th, 2022.
For more information or to discuss this opportunity further, please contact David Rourke – rourke@mbcbrokerage.ca – 647-519-5775
David Rourke
Sales Representative
Direct: 647-519-5775
More Info: https://www.mbcbrokerage.ca/about-david-rourke