Practices For Sale

Ref# 5240

Status: Available

Location: Ontario

Gross Revenue: $563,052

Appraised Value: $1,233,180

Asking Price: $1,450,000

Cash Earnings: $228,294

South Etobicoke

Built in 2021, this beautiful office is well situated in a high-density, high-growth area of Etobicoke. The practice is on the ground floor at the base of a tall condominium tower, with other towers close by and more being built. The perfect location for a dental practice.

The practice consists of 3 operatories plus a pan room, but 2 additional rooms, plumbed and wired for operatories, are available for future expansion, but presently used for storage. There are also 2 private offices and a staff room in this 1,700 sq. ft. space.

Production is currently about $50K per month, but this is achieved with only 3 days of dentistry and hygiene per week. Two part-time associates work only a combined 2-3 days per month. The owner’s time is restricted due to commitments to another practice they own, which is not in this area. The plan was to sell that office and focus on the Etobicoke practice, but a compromised lease prevented that sale. As a result, to someone else’s benefit, this practice has been made available for sale.

Highlights include:

  • One part-time hygienist, who is on a written agreement
  • Receptionist works 5 days per week plus alternate Saturdays
  • Digital and paperless
  • Approximately 600 active patients
  • 15-20 new patients per month
  • Well managed A/R
  • ClearDent software

If you are looking for a practice with a great future in a location that can’t be beat, this is it. The condominium unit is owned but not for sale. The vendor will provide a long-term lease at market rate with no demolition clause.

Additional purchaser/Advisor information:

  • A profile of the practice will be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement.
  • The appraisal will be made available within 2 days following the Open to those who attended

For more information contact Bill Alton, Sales Representative.

 

 

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