Email
drillem@rogers.com
Opportunity Type
Practice for sale
Contact
Dr. Joel Goldman and Jaime Goldman
This well-established ‘Associate-Driven’ General Family Dental Practice located in a busy, upscale area. The area is high-density residential and is easily accessed by private and public transit via local roads and the Queen Elizabeth Way (QEW).
There are currently 28 new residential condominium and townhouse developments under construction or recently completed that are within just a few minutes drive of this dental office.
There is lots of potential for this dental practice, either for an end-user dentist who wants to work in their own practice or a dentist looking to add another dental practice to their portfolio. This dental practice is also an attractive alternative for a dentist considering either a start-up option or someone that wishes to relocate their practice from where they currently operate.
The Appraisal and Financial information for the Practice are available to interested parties upon the execution of a Non-Disclosure Agreement.
The Practice was established 33 years ago by the current owner.
Appraised in January, 2023 for approximately $1,000,000
This is a Share Sale.
The office is approximately 1391 square feet
Excellent street-level exposure.
Ample free on-site parking
Public transit readily available
Wheelchair accessible
Approximately 1200 Active Patients
Approximately 15 to 20 New Patients per month
4 Operatories fully equipped
Acteon Pan CBT
3 Associates (part-time) on 40% fee split
2 Dental Hygienists (1 full-time, 1 part-time)
1 Dental Assistant Level II
2 Receptionist/Office Managers (full-time)
All Employees are on contracts
Office is open 5 days/week – can be expanded
Cleardent software with EDI
RecallMax recall system software
Billings are per the current 2023 ODA Fee Guide
Normalized EBITDA is $265,724
EBITDA approximately 32% of Gross
80% of patients on private insurance
1% to 2% of patients on social services plans
A/R approximately $35,000 with $25,000 being current.
Full universal sterilization and Covid-19 protocols are followed
The Lease – has 5 years on the current term + two 5-year renewals
i) Landlord has stipulated Exclusivity
ii) No Demolition Clause
iii) Allows for a smooth transfer to a new owner
iv) Total rent $14,600.00 (inclusive of Base Rent + TMI + HST)
The Appraisal and Financial information for the Practice are available to interested parties upon the execution of a Non-Disclosure Agreement.
List Price: $1,100,000
Dr. Joel L. Goldman
Dental Practice Transitions
Post and Core Inc.
(647) 291-9899
drillem@rogers.com
info@postandcore.com
There are currently 28 new residential condominium and townhouse developments under construction or recently completed that are within just a few minutes drive of this dental office.
There is lots of potential for this dental practice, either for an end-user dentist who wants to work in their own practice or a dentist looking to add another dental practice to their portfolio. This dental practice is also an attractive alternative for a dentist considering either a start-up option or someone that wishes to relocate their practice from where they currently operate.
The Appraisal and Financial information for the Practice are available to interested parties upon the execution of a Non-Disclosure Agreement.
The Practice was established 33 years ago by the current owner.
Appraised in January, 2023 for approximately $1,000,000
This is a Share Sale.
The office is approximately 1391 square feet
Excellent street-level exposure.
Ample free on-site parking
Public transit readily available
Wheelchair accessible
Approximately 1200 Active Patients
Approximately 15 to 20 New Patients per month
4 Operatories fully equipped
Acteon Pan CBT
3 Associates (part-time) on 40% fee split
2 Dental Hygienists (1 full-time, 1 part-time)
1 Dental Assistant Level II
2 Receptionist/Office Managers (full-time)
All Employees are on contracts
Office is open 5 days/week – can be expanded
Cleardent software with EDI
RecallMax recall system software
Billings are per the current 2023 ODA Fee Guide
Normalized EBITDA is $265,724
EBITDA approximately 32% of Gross
80% of patients on private insurance
1% to 2% of patients on social services plans
A/R approximately $35,000 with $25,000 being current.
Full universal sterilization and Covid-19 protocols are followed
The Lease – has 5 years on the current term + two 5-year renewals
i) Landlord has stipulated Exclusivity
ii) No Demolition Clause
iii) Allows for a smooth transfer to a new owner
iv) Total rent $14,600.00 (inclusive of Base Rent + TMI + HST)
The Appraisal and Financial information for the Practice are available to interested parties upon the execution of a Non-Disclosure Agreement.
List Price: $1,100,000
Dr. Joel L. Goldman
Dental Practice Transitions
Post and Core Inc.
(647) 291-9899
drillem@rogers.com
info@postandcore.com
Date Available
Location
Burlington, Ontario