Email
regina.maltsman@ppsales.com
Website
www.ppsales.com
Opportunity Type
Practice for sale
Contact
Regina Maltsman
3+1 operatory family practice on a main thoroughfare in a busy plaza anchored by a Shopper’s Drug Mart, a bank, a grocery store, and a hardware store.
Practice opened in 1999 and moved to present location in 2005. Many procedures such as endo, ortho, and oral surgery referred out.
Hygienist is employed 2 days per week.
Low rent | Low Overhead < 50% | ~900 Loyal patients seen in this one owner 25-year-old practice. Moved to present location in 2005. Instant cash flow for less than the cost of a start-up.
Also cash flows to investors.
Ideal for an owner operator with over $339,000 cash flow . Low 2.24 Price to Cash Flow Ratio.
Principal + Interest over 10 years at prime minus 0.25% = $128,820, leaving owner operator with over $200,000 take home income after debt servicing.
Plenty of free parking . Room to grow. Loyal patients. Add hours to add patients. Expand the hygiene program. 1009 square feet. Rent is inexpensive at only 5.9 % of gross.
$668,000 Gross Billings
$339,000 Cash Flow to owner operator last year.
$138,000 EBITDA last year
~$200,000 left over after debt servicing (10-year amortization at prime minus 0.25%)
Valuation price = $760,000 which is a conservative 113% of gross billings.
Practice opened in 1999 and moved to present location in 2005. Many procedures such as endo, ortho, and oral surgery referred out.
Hygienist is employed 2 days per week.
Low rent | Low Overhead < 50% | ~900 Loyal patients seen in this one owner 25-year-old practice. Moved to present location in 2005. Instant cash flow for less than the cost of a start-up.
Also cash flows to investors.
Ideal for an owner operator with over $339,000 cash flow . Low 2.24 Price to Cash Flow Ratio.
Principal + Interest over 10 years at prime minus 0.25% = $128,820, leaving owner operator with over $200,000 take home income after debt servicing.
Plenty of free parking . Room to grow. Loyal patients. Add hours to add patients. Expand the hygiene program. 1009 square feet. Rent is inexpensive at only 5.9 % of gross.
$668,000 Gross Billings
$339,000 Cash Flow to owner operator last year.
$138,000 EBITDA last year
~$200,000 left over after debt servicing (10-year amortization at prime minus 0.25%)
Valuation price = $760,000 which is a conservative 113% of gross billings.
Date Available
Location
Markham