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Sale Structure: Share Sale
North of Toronto
ROI Corporation is pleased to introduce this phenomenal general dental practice boasting a myriad of opportunity. Located within an hour north of Toronto in an ever-growing town, literally all roads lead into the retail plaza where this lucrative practice resides.
As a staple in the community for over 25 years and servicing a wealth of over 1,600 active patients, this practice still adds 15-20 new patients a month, mostly from referrals.
Spanning a spacious 2,032 square footage of facility space, there are 3 fully equipped bright operatories with ample space available to expand operations. As the only dentist in the plaza and adjacent to familiar brand name tenants, the buyer will enjoy a nice long premise lease leading into 2038 including renewals, which will ensure a very stable occupancy in this prime location.
This practice currently produces a steady stream of approximately $600,000 of annual production year after year whilst providing the capability to truly grow production utilizing fresh ambition from new ownership.
Roughly 35 percent of the revenue is derived from hygiene codes and many services are referred out monthly, as the principal dentist has decided to slow down in the most recent years. The owner is looking to retire, but is open to a very healthy transition for the new buyer including associating part time.
Highlights of this Practice Include:
- 3 fully equipped operatories
- Clean and spacious facility with room to expand operations
- The owner will enjoy an extensive lease including renewals, leading into the year 2038
- No demolition clause
- Only dentist in a much heralded retail plaza, with familiar brand name neighbouring tenants
- Ample, free parking
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
- A Virtual Tour will be available upon request
- A Confidential Open (by appointment only) will be held on Sunday, February 10, 2019
- The Practice Appraisal, in its entirety will be released electronically to interested parties on Tuesday, February 12, 2019
- Offers are due on or before 5:00 PM of Monday, February 25, 2019
- Your offer should be accompanied by a 10% deposit payable to “ROI CORPORATION IN TRUST”
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For more information or to schedules an appointment, please contact Doron Eisenberg, Sales Representative.