Niagara Falls Region: General Dental Practice- REF: #1438
$4,800,000 CAD
Appraised price - practice: $4,679,142
REF#. : #1438
Available: 04/05/2022
Province: Ontario
Type: General Dental Practice
Region: Niagara Falls Region
SQFT: 1,942 sq/ft
~Gross: $2,880,000
~EBITDA: $1,805,600
Status: SOLD
MBC is pleased to present the exclusive sales presentation of this extremely profitable and well run dental practice servicing the Niagara Falls area. The practice is located in a retail plaza in the heart of a residential neighbourhood with excellent exposure and access. New development in the immediate area will provide continued opportunity for a new purchaser to grow this practice.
An efficient and well designed office made up of 6 fully equipped operatories in ~2,000 square feet offer a comfortable and welcoming environment for both patients and practitioners.
Practice Highlights
· Highly profitable with an EBITDA after doctors comp. over $850k
· Digital X-rays and charting
· Over 80 new patients/month
· 3,650 unique patient visits in the last 12 months
· Opportunity to add evening hours to the schedule
· Google review average of 4.7 stars on 87 reviews
· Secure lease term until 2033 with rent fixed at favourable rates
Due to the sound operational nature of the practice, this opportunity could be suitable for an investor looking for stable cashflow or an ambitious hands on owner looking for a dynamic practice and a fully booked schedule day one.
The practice is being offered as a purchaser favoured asset structure.
Private and confidential practice viewings will be held on Sunday May 15th, 2022.
For more information or to book a private and confidential appointment to view the practice, please contact David Rourke.
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