This 3 operatory clinic on the second floor of a small plaza which houses a medical walk-in clinic and pharmacy. Plenty of free parking.
Large loyal patient base (1362) patients of which 1156 were seen in the last 12 months.
Healthy average of 21 new patients per month
Principal will stay on to assist with transition.
This long-standing practice (42 years) was renovated in 2016.
Long-term lease available with no termination clause.
Opportunity to move to ground floor.
Exceptionally strong hygiene program (42.8% of gross) - Some hygiene performed by vendor dentist.
Increase gross by doing procedures referred out while having a hygienist perform the hygiene.

Financial Highlights
Gross Revenues $660,000 - most recent year
Cash Flows $274,000 *
EBITDA $143,000 *
Current Year EBITDA $179,000

* 3 Year weighted averages including a $25 to $45 k allowance per year for a hygienist to do the preventative procedures the dentist does.
Principal + Interest year one would be $132,000 (10- year Amortization at prime - .25%).
Cash flows with most major Canadian financial institutions.
If you operated the practice like the owner, there would be $313k in net operating income for owner operator.

Tremendous opportunity for growth by performing the procedures referred out in-house and by expanding hygienist hours.