Practices For Sale

Ref# 5279

Status: Sold

Location: Ontario

Gross Revenue: $293,664

Appraised Value: $492,110

Asking Price: $600,000

Cash Earnings: $145,367

Caledon

This well-established general practice, located within a busy two-storey medical centre, is now available for sale. As the only dental practice in the building, it has earned a strong reputation for delivering thorough, patient-centered dentistry in a welcoming, family-friendly environment. Our client purchased the practice in 2019 from its original owner, who had been serving the community in the same location for several decades.

This facility offers approximately 1,007 sq. ft. of well-utilized clinical and administrative space, featuring two fully equipped operatories, a sterilization area, staff room (plumbed and wired for a third operatory), and a welcoming reception area. There is also space for a panoramic X-ray unit, although one is not currently installed. The office underwent an aesthetic renovation in late 2020, resulting in a clean, updated, and functional environment.

The practice is ideally positioned inside a high-traffic professional medical building that includes a pharmacy, childcare facilities, and various medical and wellness professionals, with ample free parking.

This turnkey opportunity is ideal for a dentist seeking to establish themselves in a growing community, or for an investor or associate looking to expand their operations in the Peel Region. Our client is selling due to family circumstances and is willing to stay to ensure a smooth transition for both the patients and the successful purchaser.

Highlights of this practice include:

  • ~1,007 sq. ft; 2 operatories + room for expansion to a 3rd
  • Excellent lease: current term to July 2029, with a 5-year renewal option to 2034. No demolition clause. General dental exclusivity in the building
  • Assignment practice with exceptional collections policy and very low A/R
  • Current schedule includes only ~20 hours of dentistry each week, with no evening or weekend hours
  • Ample, free on-site parking
  • Marus chairs, Pelton & Crane lights, iTero Element 2 scanner, SOL soft tissue laser, Dexis digital x-ray sensor, Statim 2000 G4, and Midmark UltraClave sterilizers, Tracker software
  • ~15 new patients per month

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed by request to qualified parties
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

 

For more information or to schedule an appointment, please contact Amanda Kotchie, Sales Representative, for ROI Corporation.

 

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