Scarborough: General Dental Practice- REF: #1561
$640,000 CAD
Appraised price - practice: $741,234
Asking price - real estate: $350,000
REF#. : #1561
Available: 16/04/2024
Province: Ontario
Type: General Dental Practice
Region: Scarborough
SQFT: 800 sq/ft
Gross: $516,474
EBITDA: $310,816
Status: UPDATED & AVAILABLE - MOTIVATED Seller
MBC is please to present the exclusive sales presentation of this very well established, general practice that has been servicing the community for 30 years. It is located in a medical/professional building on a major street with very good accessibility, excellent exposure and ample parking. The vendor owns the condo unit the practice occupies and is offering it for sale with the practice at an asking price of $350,000.
This listing offers a purchaser a very profitable practice with cash earnings to the owner of over $300k (~60% of revenue) while working a 3 day work week without any evenings.
Points of Interest:
· 3 equipped operatories with opportunity to expand to 4
· ~1,000 active patients
· Doctor booked out 4-6 weeks in advance
· Excellent collection rate
· 85% of patients speak English but Cantonese is primarily spoken in the practice
· Real estate available to purchase with the practice
This is a turn-key opportunity for a purchaser looking for a high income with a modest workload. The chance to purchase the real estate provides the buyer with both significant financial benefits and the long term security of ownership.
For more information or to book an appointment to view the practice, 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