GTA - Prosthodontic Practice - REF.#D1588
$870,000 CAD
Appraised value - practice: $867,010
Asking price - practice: $870,000
REF#: #D1588
Available: 19/12/2023
Province: Ontario
Type: Prosthodontic
Region: GTA
SQFT: 2,000 sq/ft main floor, 800 sq/ft basement
Gross Rev: $1,252,634
EBITDA: $360,711
Status: SOLD
MBC is excited to offer an opportunity to purchase a well-established prosthodontic practice in the GTA. This practice is in a very exclusive community and the property is also for sale.
The practice was established in 1983 and went through a complete renovation in 2020. Properties and practices in this community don’t typically come up for sale so this is a very rare opportunity.
The 2,000 square foot main floor consists of a reception area, business area, consult room, private office, washroom, 6 equipped operatories, panoramic area, sterilization area, and laboratory. The 800 square foot basement contains a staff room, mechanical room, washroom and 2 storage rooms. There is a large parking lot with ample free parking for staff and patients.
There is also another section to the basement that has 2 offices and a large open room. If the property is purchased with the practice, these can either be used for the practice or can be rented out for extra income. The second floor can also be rented out.
There were approximately 188 unique patients in the past year and 557 over the past two years. They get an average of 7 new patients per month. This is a non-assignment practice where approximately 67% of the patients have insurance.
This is a great opportunity to buy an established practice in a prime location and either own or lease the property depending on your needs.
To discuss this practice in greater detail and book your private, confidential appointment contact David Schramm - david@mbcbrokerage.ca
