Gatineau: General Dental Practice - REF: Gat-Dent
$3,500,000 CAD (Firm)
Appraised price - practice: $2,222,548
Real Estate is also for sale as part of the practice and makes up the remaining amount of the $3,500,000
REF#. : Gat-Dent
Available: 09/12/2024
Province: Quebec
Type: General Dental Practice
Region: Gatineau (National Capital Region)
SQFT: 1,729 sq/ft
Gross Rev: $1,355,270
EBITDA: $653,721
Status: NEW
Are you looking for a dental practice where you can also purchase the real estate in order to be your own landlord? Are you licensed to practice in the province of Quebec? Look no further because MBC is pleased to present the gem you’ve been searching for!
MBC welcomes you to this exciting and exclusive dental practice listing located in picturesque Gatineau QC, part of the National Capital Region which includes Ottawa, Ontario. Established in the mid 1980’s, this dental office has built a strong reputation within the immediate and surrounding communities over nearly 40 years. With only two owners since its founding, it is known for stability of ownership and community service.
The practice is located in a standalone commercial building which will also be sold to the dental practice purchaser. The dental practice is the only business operating at the property and the new owner will benefit from extensive room for future growth or potentially lease income from an additional tenant.
Featuring over 1,900 unique patients visiting the practice annually and new patients averaging over 20 per month, this practice generates a highly efficient profit margin of cash flow to the owner of ~48%. Still, many specialty procedures are currently referred out, providing an outstanding opportunity for new ownership to bring these referrals in-house. The practice also offers 8 days of hygiene service and maintains strong hygiene compliance recall.
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.
Highlights of the practice include:
- Fully digital operations since 2021 including patient charts and radiography.
- 4 fully equipped operatories with ample room to expand over time.
- The practice is located in and serves a community with a high number of government workers that benefit from a generous insurance plan.
- Excellent collection rate with 76% of accounts receivable aged less than 30 days.
- All employees have signed employment contracts, per owner.
- Ample free parking for all staff and patients.
- Fluently bilingual service.
Be sure you don’t miss out on this amazing opportunity! Private and confidential practice viewings will be held by appointment only. To request a copy of the comprehensive appraisal and to book a time for a private tour of the practice, 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