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Medical & Dental

London Area GP Practice

London, ON, CAN
Listed 28 days ago

This magnificent practice commands attention, primely located on a busy city thoroughfare amid a densely populated area. The office, with 7 ops and about 3,000 sq. ft. of space, is impeccably maintained and exhibits lavish sophistication. With upwards of 1,600 patients and $1.7 million in revenue, this reputable, long-standing practice is deeply ingrained in the community and thriving. The hygiene program is outstanding, with 93% of patients routinely attending hygiene visits and spending 17% more on hygiene care than a typical practice. Patient attrition is low, owing to the great patient experience, high-quality care, and effective dental team. The stunning building, owned by the vendor, boasts an impressive presence in the neighbourhood and is a future investment opportunity for a buyer. To start, the vendor would offer a favourable long-term lease, with a right of first offer to purchase the building at a later date. This presents an excellent opportunity for a buyer to establish themselves at the practice first, then acquire the real estate, further building their personal net worth and taking control of their own tenancy. The vendor is dedicated to a seamless transfer of patients and staff and is open to a long-term associateship at reduced hours, continuing to perform complicated surgery and implant placement. Both virtual and in-person showings are available by appointment. In-person showings are being scheduled for Sunday, Sept. 29 and virtual showings on a flexible basis.

Ops

7

Patients

1,600

Lease Option

Favourable long-term lease offered with right of first offer to purchase building

Square Footage

3,000 sq. ft.

Building Ownership

Vendor owned, future investment opportunity for buyer

In-person Showings

Sunday, Sept. 29

Associateship Option

Long-term associateship at reduced hours available

Hygiene Care Spending

17% more than a typical practice

Hygiene Program Attendance

93%

Financials

Asking Price
Undisclosed
RevenueMost Recent Year
$1.7M
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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