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|Ref# 4212||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||~$995,000||$1,820,890||$1,800,000||~$449,000|
Sale Structure: Share Sale
East GTA, Ontario
An exceptional opportunity presents itself to own a thriving general dental practice in a busy retail plaza located in an affluent area of East GTA.
This four operatory practice is situated in close proximity to a major highway as well as the city's largest shopping centre. Although already thriving, this neighbourhood offers significant potential with various high density residential redevelopments in the works.
Highlights of this practice include:
- Approximately 35% of production is attributed to preventative care
- Excellent exposure and visibility at a busy intersection
- A favourable lease including exclusivity for dentistry within the plaza
- Approximately 1,535 patients have attended the practice within the past 12 months
- 95% of patients have insurance
- The practice does not accept assignment of insurance benefits
Additional Purchaser/Advisor Information:
- A Virtual Tour of the practice will be available on Tuesday, October 24, 2017 from 7:00pm to midnight
- A Practice Profile will be provided by request to interested parties starting Wednesday, October 25, 2017
- A Confidential Open (by appointment only) will be held on Friday, November 3, 2017
- The Appraisal will be available by email request on Tuesday, November 7, 2017
- Offers will be due no later than 4:00pm on Thursday, November 16, 2017
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Offers should be accompanied by a 10% deposit, payable to “ROI CORPORATION IN TRUST”
- Our client is flexible with the time of closing
For more information, please contact Amanda Kotchie.