Medicine Hat General Dental Practice- REF: Med Hat Dental
$1,200,000 CAD
Asking price - practice: $1,200,000
Appraised price - practice: $1,149,617 - Asset Sale
REF#. : Med Hat Dental
Available: 20/10/21
Province: Alberta
Type: General Dentistry
Region: Medicine Hat
SQFT: ~2,000 sq/ft
Gross: ~$1,009,300
Cash-Flow: $377,389
Status: SOLD
Welcome to the exclusive sales presentation of this well established and very patient focused practice that has been serving its community since 1989. In its’ current location since 2005, the practice is situated in a commercial plaza on a major street with excellent exposure and easy access.
The spaciously laid out practice consists of 4 fully equipped ops but also has the space to easily add two more. With an abundance of natural light the environment is not only comfortable and welcoming to patients, but also a pleasure to work in.
The current owner has been a solo-practitioner throughout their career and has built their practice to provide the highest level of patient care while also offering a healthy work life balance enabling them to take 15 weeks of vacation a year. This provides the purchaser with the opportunity to enjoy the same benefits or expand the operations and grow the practice.
Practice Highlights
· 42% of revenue is generated by hygiene codes
· Almost all services referred out, including over 15 endos and 5-10 extractions/month
· Patients with very high dental IQ
· No weekends
In addition to everything this practice has to offer, our client is also open to negotiating a variety of transition options to reasonably help assist the buyer post closing. As they are the owner of the real estate they are willing to sell it with the practice providing the buyer with the long term security and financial benefits of owning the real estate. They are also open to negotiating a flexible associateship post-closing.
A sales package including the appraisal, virtual tour and additional details will be sent to interested parties upon request.
To discuss this practice in greater detail, please contact David Rourke.
David Rourke
Sales Representative
Direct: 647-519-5775
More Info: https://www.mbcbrokerage.ca/about-david-rourke