London Dental Practice | 212

$

2800000

Production
Sq. ft

2700

Size of Office (Approx)

7

Number of operatories

Available

Status

Mega London Practice Opportunity!

This extensive, primarily Associate-run practice in London was recently appraised at 4.510 million.

This 7-op practice is a phenomenal opportunity for someone looking for a well-established practice with room to grow!

  • Well-Established Practice (Many Years At Same Location, Affluent Area)
  • Associate-Driven
  • 2,663 square feet
  •  7 Op (Fully Equipped)
  • Last 12 Months of Revenue: $2.8-million
  • Cash Flow Before Drs. Compensation for the Last 12 Months: $1,228,227
  • ~3,500 Active Patients (Per Appraisal)
  • ~250 New Patients/Year (Per Appraisal)
  • Hygiene Production: 43% (as a % of overall production) per appraisal for the last 12 months of revenue
  • Restorative: 38% (as a % of overall production) per appraisal for the last 12 months of revenue
  • Diagnostic + Preventative + Restorative = 89.5% (as a % of overall production) per appraisal for the last 12 months of revenue
  • Digital X-Rays and Digital Pan
  • Amazing Location, Top Notch Google Reviews, Large Space, Onsite Parking
  • Practice Collects Substantially All Co-Pay
  • A/Rs were only $73k as of March 2024 (with only $2k over 90 days old)!
  • Employees and Associates are on contract
  • The current lease expires in May 2028 (with 2 x 5-year renewal options).

The owner wants to focus on their practices in other cities and spend more time with their family.

Appraisal

The final appraisal for this practice will be available at the end of July.

To receive a copy of the draft appraisal, register for a free account above and then email Michael Carabash at michael@dentistlawyers.ca. The selling dentist will personally review each applicant; if they approve, you will receive a copy of the appraisal.

Open House

Sunday, July 28, 2024, starting at 10:00 am

The Open House is only open to dentists who have been approved by the seller and have received the appraisal.

For more details on the Open House and to register for an appointment, please log in to your account and select this listing.

Walkthrough Video

It will be available upon request after the open house.

Contact

For more information about this and any other dental practice on this site, register for a free account above or contact dental lawyer Michael Carabash (michael@dentistlawyers.ca | 647.680.9530).


If you’re a dentist looking to SELL a practice, contact us to find out how DMC LLP helps dentists sell your practice to the right buyer with no hidden fees.


Please note that the pictures and address used in this listing ARE NOT of the actual practice to maintain confidentiality. Specific images and practice details are only available in the appraisal report for approved applicants.

Still Looking? Let's Talk.

You know the value of a great practice and the importance of finding the right home for your dental team and patients. We want to help you make an informed decision.

As dental lawyers, we can review, prepare and negotiate all the complex legal documents. We work hard to protect your rights and advance your interests. And we are deeply rooted in the dental industry, so we know the right players and processes to give you the smoothest deal possible. 

So please get in touch with us if you have any questions or if you can’t find a practice that fits your goals. 

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Selling your dental practice takes specialized knowledge, skill, and a deep understanding of the needs of buyers. You need to prepare your practice before you sell, which means proper team contracts, the right lease terms, and a good corporate setup. We can help!

Call us for a complimentary consultation to find out what your practice is worth today and find out how you can list your practice on DentalPlace and have access to over 2300 registered buyers.

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