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Health Care

Grey County Practice

Grey, ON, CAN
Updated 4 hours ago

This appealing practice will attract purchasers who value the opportunity to build a successful, sustainable, and professionally fulfilling enterprise. A multi-generational practice, it has been a steadfast presence, serving the community for over 75 years. The current owner has devoted over a decade to cultivating a robust patient base and a first-class hygiene program, complemented by a well-trained, experienced team ideally equipped to facilitate a smooth transition. The practice is in a retail plaza in a high-traffic section of the village core. Additional commercial and residential development continues in the immediate area, consistent with the wider area’s economic development trend. The practice is limited to mostly hygiene and restorative procedures, resulting in significant referrals going out monthly, providing a purchaser with further runway to offer a multitude of additional services while tastefully growing revenue. To complete the package, the real estate is for sale as part of this opportunity. This single-owner unit, within a larger professional building, is available for sale for $595,000. The ~1,500 sq. ft. facility was gutted and given a no-expense-spared remodel in 2022. It includes five operatories, a waiting area, a pan, staff washrooms & lunch area. This functional and modern environment will not require additional investment for many years to come. The practice is fully digital (x-rays and charting), has a digital Pan (CBCT-capable) and has tech upgrades throughout, which help the practice operate at the highest level of efficiency and comfort. Practice Appraised value $2,234,530. Asking Price $2,234,530. Real Estate Appraised value $595,000. Asking Price $595,000. Gross FY 2026 $1,564,321. Cash Earnings 52.8% $826,007. Hygiene program, representing 40% of total revenue. 3 hygienists each booked 4 plus days/week (12-15 days total hygiene/week). Open 4 days/week with only one evening (closed most Fridays and all weekends). Ample Parking. Fully digital. Excellent AR and collections policies. 2,300 active patients in the last 12 months. ~15 new patients per month with zero advertising.

Status

Multiple Offers Registered

Listing Views

1,234

Appraised Value

$2,234,530

Property Asking Price

$595,000

Financials

Asking Price
$2.2M
RevenueMost Recent Year
$1.6M
Earnings (SDE)Last Reported
$826K
Assets Value
Undisclosed
Seller Financing
Not available

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