Thornhill: General Dental Practice - REF: #1576
$1,500,000 CAD
Appraised price - practice: $1,467,822
REF#. : 1576
Available: 31/10/2023
Province: Ontario
Type: General Dental Practice
Region: Thornhill
SQFT: 1,814 sq/ft
Gross: $947,501
Cash-Flow: $381,492
Status: SOLD
Welcome to the exclusive sale presentation of this high quality and very well established practice that offers a purchaser both a stable and clinically rewarding experience while also providing significant growth opportunity into the future.
Established in the 80’s and owned by our client for 10 years, the practice is located on the corner of a major intersection with excellent exposure, easy accessibility, and ample parking. The immediate area is currently undergoing significant revitalization with multiple new condos under construction and more planned for the future. Despite this redevelopment, the practice has a secure lease until 2037 providing a new owner with the security needed to capitalize on this opportunity.
The facility includes 5 equipped operatories and was recently renovated in 2022, offering patients a welcome and comfortable environment. In addition, the practice is digital (patient charts and intra-oral x-rays), has a pan, and utilizes an intra-oral scanner.
Practice Highlights
· 45% hygiene revenue
· 15-20 procedures referred out per month
· ~1,300 active patients (1,100 recall patients/year)
· Opportunity to expand schedule
Private and confidential practice viewings will be held on Sunday November 12th, 2023.
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