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Dental Practices

Ontario

Viewed by 1830 people

Ref# 4206 Gross Revenue Appraised Value Asking Price Cash Flow
Status: Conditionally SOLD ~$600,000 $709,020 $700,000 ~$337,700

Sale Structure: Share Sale

North Etobicoke

This practice has been at this location on the 2nd floor of a professional building in a retail plaza in north Etobicoke for 40 years. The current owner purchased the practice in 2015 but is selling to focus on a larger investment outside the GTA. Importantly the original owner is still practicing here as an Associate.

In addition to the previous owner, there are two other part-time associates and 3 hygienists, who provide 3 days of hygiene per week. The practice is a modest 658 sq. ft. and contains two operatories plus a Pan. Radiography is digital. The practice enjoys abundant natural light afforded by its corner unit location.

Other features of this practice include:

  • The lease extends to 2025 and offers an attractively low rent
  • A medical doctor on the floor attracts additional traffic
  • Production is expected to be approximately $600,000 this year, an increase from the previous year
  • Cash flow is very good due to reasonable expenses

Additional Purchaser/Advisor Information:

  • A Confidential Open (by appointment only) will be held on Sunday, July 16, 2017
  • A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
  • The appraisal will be provided to interested parties following the Open
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline
  • Offers will be due no later than Friday, July 28, 2017
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Closing will be not later than Friday, September 29, 2017

For more information or to book an appointment for the Open on Sunday, July 16, please contact Bill Alton.



For More Details Contact

Bill Alton

Sales Representative

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