West Ottawa: General Dental Practice - REF #: 1633
$1,513.012 CAD
Appraised price - practice: $1,513,012
Asking price - practice: $1,513,012
REF#. : #1633
Available: 15/10/2024
Province: Ontario
Type: General Dental Practice
Region: West Ottawa
SQFT: ~1,900 sq/ft
Gross Rev: ~$1,051,285
EBITDA: ~$525,857
Status: NEW
MBC Brokerage is pleased to welcome you to this exclusive dental practice listing located in a very popular and contemporary neighbourhood in West Ottawa. With prominent building signage and street level access, this practice benefits from outstanding exposure and visibility as well as a very strong reputation in its community. 97% of patient reviews on Google rate this practice as 5/5 based on over 75 total reviews.
Generating approximately 20 new patients per month, this dental office is efficiently managed and provides a very profitable margin of cash flow to the owner of ~50%. Hygiene production accounts for 28% of total revenue and represents an excellent opportunity for a new owner to build new and recurring revenue.
With a regular business schedule that includes opening 4 days per week and no weekend hours, the new owner will benefit from the capacity to expand the practice profile through increased operating hours. The practice is equipped with 3 fully equipped operatories and provides capacity for expansion with 2 additional roughed in operatories with cabinetry already in place. Additional features include a sterilization area, panoramic x-ray and private office space. Modern decor and professional design ensure comfortable working conditions for staff and a welcoming environment for patients.
Highlights of the practice include:
- Fully digital practice including patient charts and radiography
- Over 800 unique patient visits in the past 24 months
- Potential to expand office hours to include Fridays, evenings and weekends
- Excellent collection rate with 83% of accounts receivable aged less than 30 days
- The Vendor is open to assisting a new owner for 6-12 months in transition
- Lease available for up to 20 years with no demolition clause. Landlord is also willing to provide the owner of the dental practice First Right of Refusal for purchase of the commercial building
Private and confidential practice viewings will be held on Sunday October 27th by appointment only. Offers to purchase will be due on Wednesday Nov. 6, 2024. For more information or to discuss this opportunity further, please contact Greg Moore – greg@mbcbrokerage.ca – 613-716-2044
Greg Moore
Sales Representative
Direct: 613-716-2044
More info on Greg https://www.mbcbrokerage.ca/about-greg-moore