Email
drillem@rogers.com
Opportunity Type
Practice for sale
Contact
Dr. Joel L. Goldman and Jaime M. Goldman
Waterdown, Ontario is easily accessed via the QEW, Hwy 403 and Hwy 6
as it is located about 60 km southwest of Toronto, about 11 km north of
Hamilton and similarly 11 km west of Burlington.

This modern, well-appointed 6-operatory General Family Dental Practice
offers a full scope of comprehensive general dental services and is
situated in a very busy, medium-sized retail plaza with a variety of other
tenants that also draw traffic to this destination.

 The Practice was established 1984 and renovated in 2018.
Appraised in February, 2023 for $1,296,548
This is an Share Sale.
The office is approximately 2230 square feet
Excellent store-level exposure.
Ample free on-site parking
Public transit readily available
 Wheelchair accessible
 Approximately 800 Active Patients
 Approximately 6 New Patients per month
 6 Operatories all are fully equipped
 1 Dental Assistant (full-time)
 2 Hygienists (1 full-time, 1 part-time)
 1 Receptionist (full-time)
 None of the Employees are on contracts
 Office is open 4 days/week
 Abeldent dental practice software with EDI
 Payments are processed electronically via ITRANS
 Recall Max patient recall management program
 Cadi software used for digital radiography and digital pan
 Billings are per the current 2023 ODA Fee Guide
 Normalized EBITDA is $479,204
 EBITDA approximately 58% of Gross
 75% of patients live in Waterdown, 20% live in the surrounding area
 62% of patients on private insurance (8% have double coverage)
 <5% of patients are social services dental plans
 Full universal sterilization and PPE protocols are followed
 The Lease – has <3 years remaining on the current term + two 5-year
renewals (runs until March 31, 2034)
i) Landlord has stipulated Exclusivity
ii) No Demolition Clause
iii) Allows for a smooth transfer to a new owner
iv) Total rent $5,810.00 + HST (Base Rent + Additional Rent)

The Appraisal and Financial information for the Practice are available to
interested parties upon the execution of a Non-Disclosure Agreement.

List Price: $1,225,000

Dr. Joel L. Goldman
Dental Practice Transitions
Post and Core Inc.
(647) 291-9899
drillem@rogers.com
info@postandcore.com
Address
78 Forest Heights Blvd
Date Available
Location
Waterdown (Hamilton) Ontario