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Dental Practices

Ontario

Viewed by 1121 people

Ref# 4182 Gross Revenue Appraised Value Asking Price Cash Flow
Status: New ~$469,540 $488,890 $550,000 ~$248,140

Sale Structure: Share Sale

North York

This is a small but ergonomically designed practice located in a retail plaza in the high-density area of the Yonge-Sheppard subway station. The practice consists of two operatories plus a Pan in a very functional 600 sq. ft. fully digitized office.

The practice was built in 2012 but has been under current ownership since June 2014. It is a basic, restorative practice with many procedures referred out and would benefit from a formal recall program.

Revenue has increased annually and is presently about $40,000 per month with good cash flow.

This opportunity would appeal to both ends of the ownership spectrum. It represents a perfect opportunity to get a foot on the dental ladder for a new owner or a seasoned practitioner looking to work a reduced schedule in a popular, busy area of the city, close to the subway.

Highlights of this practice include:

  • Storefront location in a prime location with exclusivity in the plaza
  • Lease extends to 2023 with strong likelihood to extend
  • 2 part time hygienists provide 2 days of hygiene per week
  • Assignment practice but with very few social service patients
  • Cash Flow equal to 52% of gross

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
  • A Confidential Open (by appointment only) will be held on Sunday, April 23, 2017
  • The full Appraisal of the practice will be available on Wednesday, April 26, 2017
  • Offers will be due no later than 4:00pm on Thursday, May 4, 2017
  • The preferred closing date is June 30, 2017
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

To arrange an appointment to see the practice on Sunday, April 23rd, please contact Bill Alton.



For More Details Contact

Bill Alton

Sales Representative

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