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Highest Sale Price: 1.54 x Appraised | 1.73 x Revenue
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Reference: 163

Ref #163 – Hamilton Dental Practice for Sale
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Description

If you are a dentist looking to BUY a practice, REGISTER ABOVE to get the latest deals emailed to you!  If you’re a dentist looking to SELL a practice, contact DMC LLP – because Brokers make you Broke-Er!

UPDATE: this practice has now been conditionally sold.  If anything changes, this website will be updated.

OPPORTUNITY:  Established Hamilton Dental Practice For Sale.  Ground Floor (Great Signage and Parking) + 1336 square feet + 3 Ops + 1 Op (plumbed but not equipped)+ 1402 patients (1202 patients seen in 2019) + 280 new patients in 2019.  Revenues were $627k in 2019 (based on the dentist being off for 6 weeks!) with 31% hygiene production and Normalized Earnings of $354,239.  Production (excluding lab) was $123,925 from June 3 – July 31.  Reasonable Rent + No Demo Clause + Lease goes until 2033.  Selling dentist is prepared to stay on for up to 12 months post-closing (1-2 days a week).

APPRAISAL: Appraised by Matt Bladowski’s team at Dental Strategy for ONLY $811k.  If you want to download the appraisal, it will be available after THIS THURSDAY, SEPTEMBER 17, 2020.  Simply sign into your account on www.DentalPlace.ca, select this listing and then you can download the appraisal.

VIDEO WALKTHROUGH: will be available for those who cannot attend the open house.

WARNING: DO NOT CALL OR ATTEND THE OFFICE.  IF YOU DISCLOSE CONFIDENTIAL INFORMATION TO ANYONE OTHER THAN YOUR TRUSTED ADVISORS (LAWYER, BANKER, ACCOUNTANT) YOU WILL BE BANNED FROM THIS SITE FOR LIFE.


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Michael Carabash Michael Carabash
For more information about this practice, contact dental lawyer Michael Carabash (michael@dentistlawyers.ca | 647.680.9530). If you'd like to receive more information about this or any other dental practice on this website, you can create an account (FREE). You can also subscribe above to receive weekly updates from DMC LLP (which includes new listings and updates to existing listings).
* Based on 10% Commissions of Sold and Conditionally Sold Listings
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