Ref. #1456 | King Township | 3 Ops

Please see this new listing for an established general family practice located in King Township. This area is growing and is characterized as having a high-end population, and a mixed demographic. The practice is located in a strip plaza on the main street with excellent anchor tenants, ample free parking, and new developments nearby. This 3 operatory, 1,060 square foot office, is well built (opened in 2013), and features digital x-rays, panoramic x ray, and scanner. The lease is excellent providing access to the premises with the remaining term plus options until 2038. This practice conservatively treats approximately 1,600 active patients, with at least 15 new patients per month. In the past year, the practice produced over $1,300,000 of revenues, with $640,000 of cash flow, and $314,000 of EBITDA. There are 2 part time owners who share the workload, as well, the office manager is one owners spouse. Although the owners are selling to slow down, and the office manager (spouse) is also going to retire, all parties are willing to remain in the practice for a period in order to ensure a smooth transition. This is a great opportunity for a Dentist who wants to own a successful practice with a very strong base, in a higher end growing community.