Associate-Run Newmarket Dental Practice | 211

$

684000

Production
Sq. ft

2000

Size of Office (Approx)

6

Number of operatories

Available

Status

ASKING PRICE ONLY 1.050-million (appraised for 1.216-million!)

Newmarket Practice Poised For Growth!

This Large (2,039 square feet) + 6 Operatory (4 Fully Equipped) Associate-Run Practice in Newmarket was recently appraised for 1,216,000.

Great opportunity for someone looking to settle and expand in Newmarket!  Right in the heart of the commercial district.

Lots of space and room to grow. Just needs a full-time dentist willing to work!

  • 8-year-old practice
  • Associate-driven
  • 2024 Billings: $684k (2024 Fiscal Year ended April 30, 2024)
  • Projected 2025  Production / Billings: expected to be $856k!
  • Active Patients Per Appraisal: 860
  • 2024 New Patients Per Appraisal: 196 (was 245 in 2023)
  • 2024 Hygiene Production: 34% (as a % of overall production) per appraisal
  • Digital X-Rays and Digital Pan (with Ceph)
  • Software: Cleardent
  • Amazing Location, Google Reviews, Large Space, Onsite Parking
  • A/Rs were at 46k as of April 30, 2024 (but only $9.8k over 90 days old!)

This is an associate-run practice and the owners are looking to focus on their other practices (located in other cities) and spend more time with their family in Canada.

Employees have contracts, and the current lease expires in 2033 (a request for additional years can be made), with no demolition clause mentioned.

Appraisal

To access the practice appraisal, please log in or register for a free account above.

Open House

Sunday, July 14, 2024, starting at 9:00 am

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

If you don’t have an account, you can register for free above.

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.


Please note that the pictures and address used in this listing ARE NOT of the actual practice to maintain confidentiality. For specific images and practice details, please download the appraisal report.

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!

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