Mississauga General Dental Practice- REF.#D1368

$1,699,000 CAD

Asking  price - practice: $1,699,000
Appraised price - practice: $1,619,220

REF#. :     #D1368
Available: 08/30,2021  
Province:   Ontario
Type:         General Dentistry
Region:     Mississauga
SQFT:        2,000 sq/ft
Gross:        $1,234,805

Cash-Flow:  $376,471
Status:        SOLD

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MBC Brokerage is excited to offer an opportunity to purchase a well-established dental practice in Mississauga. This practice has been at its current location for 30 years and went through a full renovation in 2014. It is well known in the community and has a very strong online reputation.

The practice is located in a large, busy plaza with steady foot traffic. It is a storefront unit with approximately 2000 sq ft of space that includes a reception area, business area, 3 offices, staff room, 6 operatories, pan area, sterilization area, lab, 2 washrooms and a full basement with ample storage. There is a good lease in place for the next 17 years.

The practice boasts 2,300-2,500 patients and obtains 10 new patients per month. More than 85% of the patients have insurance and the practice does accept assignment for approximately 44% of the payments and receivables are less than 2 week’s billings. Diagnostic and preventative dentistry account for approximately 56% of the production.

This is a perfect opportunity to buy a well-run practice and take advantage of the 40 years of work put in by the current owner. It will not require any immediate changes as the office is in great condition and is very well respected in the community.

For more information or to book your confidential appointment for Sunday, September 12th, please contact Tom or David Schramm.

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Tom Schramm
Broker

Direct: 416-720-3915

David Schramm
Sales Representative

Direct: 289-834-3893

More info on Tom and David >