Ref# 5303
Material Change Announcement.
Our client wishes to initiate an immediate and phased transition of this office and thus is initiating a significant price reduction to expedite the sale. See below.
Practice initial asking price: $1,129,760 Reduced to $950,000
Building initial asking price: $1,450,000 Reduced to $1,200,000
Scarborough
This office sits proudly on a commercial/residential intersection of a major throughfare connecting the 401 and all transit connections. A general family office, established over 40 years ago, it is a fixture within a very desirable neighborhood. The office is in a residential home that has a portion designated for owner-operated professional practice. Therefore, the purchase of the building, while favorable, is also a prerequisite for the ability to practice out of this location.
The office runs in a very efficient manner with a small group of staff that complement an efficient practitioner who has been practicing out of this high-visibility location since 1991. They are currently booked 5 weeks in advance for our owner, who admittedly cannot keep up with the demand placed upon them as the solo clinician. All hygiene services have been administered by our client since 2020.
This listing represents a unique opportunity to not only invest in one’s professional skill set but also offers a real estate investment that is hard to quantify. This listing will appeal to first-time buyers, owner-operators, individuals looking to move an office to a secure location, or anybody with an appreciation for leveraging time. Additionally, this seldom-seen opportunity can provide a very desirable place to call home in the short, medium, or long term.
Highlights of this practice include:
- Asset sale – Benefits buyers financially and limits liability
- Healthy cash earnings of $391,716 to support growth and carrying costs
- Approximately 1,100 patients attended the practice in the last 12 months
- Go Transit adjacent and TTC at the front door
- Significant services referred out
- Immaculate accounts receivable and copay collection
- Open 4 days per week with one Saturday a month in non-summer months
- Thousands of vehicles pass the office every day. Zero marketing deployed
- The vendor wishes to make themselves available for a healthy transition
- Professional and modern 3-operatory office
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 and appraisal preview will be provided to qualified parties who request it here
- A Confidential Open (by appointment only) will be held on the morning of Sunday, 19th April 2026
- The full Practice Appraisal and building appraisal will be released electronically to interested parties immediately thereafter
- Offers are due on Monday, 20th April 2026
- Within 48 hours of acceptance of an offer, we request a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
- Our client kindly requests a closing date in summer 2026