Viewed by 2217 people
|Ref# 4069||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
Sale Structure: Share Sale
This is a beautifully built practice situated in a high-traffic retail plaza in the northern part of the GTA. The practice is located on the upper floor of a two-story building with elevator service. The busy plaza has popular anchor tenants and ample free parking. The immediate area is still developing and the local population is growing. This indicates excellent growth prospects for businesses in the community.
The facility consists of 1,970 sq. ft. with six plumbed operatories – two of which are presently equipped.
The practice was built in 2010. The lease extends to the year 2030.
This is a basic, restorative practice with many services referred out. Currently there are 3-4 days of dentistry and 2 days of hygiene per week. Our client and one associate serve the patients.
Highlights of the practice include:
- Approximately 25% of gross production is generated by the hygiene program
- The practice has approximately 600 active patients
Additional Purchaser/Advisor Information:
- A Confidential Open (by appointment only) will be held on Sunday April 24th, 2016
- A Practice Profile will be provided to those who have completed a ROI Corporation Confidentiality Agreement within 48 hours of your request
- The Appraisal will be provided on Tuesday April 26th, 2016 to those who are interested
- Offers are due on or before 5:00 pm on Tuesday May 3rd, 2016
- Your offer must be accompanied by a 10% deposit payable to “ROI CORPORATION IN TRUST”
- Our client prefers a closing date of Thursday June 30th, 2016 or sooner
For more information or to schedule an appointment to view this practice, please contact Bill Alton.