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|Ref# 4254||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||~$175,000||$585,770||$485,000||~$87,400|
Sale Structure: Asset Sale
Initially listed with an asking price of $600,000.
North of the GTA
ROI Corporation is proud to provide an excellent opportunity to purchase a new practice and the real estate. The office is located in a highly desirable location, with excellent visibility and close to large big box retailers. The practice itself is located in a town that has grown by 25% since 2011 making it one of the top 10 fastest growing communities in Canada. This is over 5 times greater than the average growth recorded in Ontario during the same period. The location is home to many thriving businesses including major employers with excellent benefit packages. Owning a practice is this charming and fast growing community offers a buyer the perfect blend of rural and urban life. The blooming and expansion of real estate homes has attracted many people from GTA to this area. As a new practice, patient base continues to grow due to initial marketing and advertising investment.
Highlights of this practice include:
- 3 operatories with potential to expand
- Approximately 1,400 square feet
- Excellent location with high visibility
- 15-20 new patients per month
- 85% of the patients are covered by a type of dental insurance plan which includes no social service patients
- No landlord – own your own real estate
For more information, please contact Amanda Kotchie.