Email
drillem@rogers.com
Opportunity Type
Practice for sale
Contact
Dr. Joel Goldman and Jaime Goldman
This opportunity combines a well-established General Dental Practice as well as the building it occupies that is situated on 1.57 acres of real estate located in the prime downtown area of Elliot Lake.


The Practice

Recently appraised at just under $1M
This is an Asset Sale
Dental office occupies approximatley 2000 square feet (9000 square feet in total)
Remaining space can be leased to create additional cash flow
6 operatories
Panorex (not digital)
2 F/T Associate Dentists @ 40% of billings (net of lab fees)
2 F/T + 2 P/T Dental Assistants
2 F/T Receptionists/Office Managers
No associate contracts
Logictech software with EDI/CDA
Billings are per the current 2024 ODA Fee Guide
The practice is booked 2-3 weeks ahead for the dentists and 3-4 months ahead for the hygienists
95% of patients live and work nearby
2700+ Active Patients (wide age distribution)
Approximately 10-15 New Patients per month
Approximately 25-30 Emergency Patients per month
Office is open 5 days/week M-Th 8 am - 8 pm, Friday 8 am - 3 pm
All Covid-19 protocols and PPE requirements are used at all times.

The Appraisal is available to interested parties upon the execution of a Non-Disclosure Agreement

Real Estate:

The practice is located in a stand-alone building on a busy commercial thoroughfare in Elliot Lake, close to major shopping and financial institutions.
The real estate is 1.57 acres in area and has major re-development potential to at least twice the coverage.
Abundant parking is available on site for patients and staff.
Handicap accessible.
9000 square feet of space on main floor (approximately 2000 sq ft dental practice)
remaining 7000 square feet available to be rented commercially
Appraised value of the real estate is $700,000 (to be determined by an independent commercial appraiser)

Asking $1.65M ($1M Practice + $650 Real Estate)

Please call for more information and to discuss this opportunity.

Dr. Joel L. Goldman
Jaime Goldman
Dental Practice Transitions
Post and Core Inc.
(647) 291-9899
info@postandcore.com
drillem@rogers.com
Date Available
Location
Elliot Lake, Ontario