Palmerston North single surgery practice for sale

Location: 250 Grey Street, Palmerston North

Description
This well established practice is centrally located in Palmerston North and has been in operation for more than 30 years.

New owner sought for a well-established family orientated practice, which currently offers a full range of general dentistry to a loyal and appreciative patient base. 

The practice has been owned since 1991 with now a 3rd generation of families having treatment. The owner dentist and an associate currently work up to 28 hours a week. As both wish to retire, a new clinician owner is sought. Mentoring from the remaining clinician will be available if required. 

About the premises
The practice is operated in conjunction with another independent clinician who shares the building and the expenses. The other clinician will own the building, lease the single surgery practice, and share ongoing costs. The practice manager/ receptionist and some common equipment is also shared. The building was converted to dental surgeries in 2011 with renewed services and all equipment has been purchased then or subsequently. There is a relatively new Adec 300 Chair and the practice complies with the latest Dental Council requirements and uses Exact software.

Revenue averages $264,000 over the last five years. The book value of Assets and Instruments (including 50% of shared equipment) is estimated at $14,157. 

The practice operates from a character building in landscaped grounds.

About the area
Centrally located in Palmerston North, about 140km north of Wellington, with a population of more than 80,000.

Put your mark on this low-cost ownership option, with plenty of potential.

Flyer


Lease:

Negotiate to suit

Location:

250 Grey Street, Palmerston North

Price:

$150,000


NOTE:

Interested in buying a practice? Then contact Bruce to find out more. Buyers can register their interest here.