Ref# 5329
THORNHILL – PREVIOUSLY LISTED AS REF. #5197
This well-established general dental practice offers an opportunity to acquire a stable and consistently performing clinic in a sought-after Thornhill location. The practice has operated under current ownership since 2015 and relocated to its purpose-built premises in 2021, benefiting from modern leasehold improvements and a professional office environment.
The practice is supported by a long-tenured clinical and administrative team, contributing to the smooth daily operations and strong continuity of care. Current doctor hours are limited, providing an immediate opportunity for a purchaser to expand clinical hours and increase production without additional capital investment.
This practice generated an annual gross revenue of approximately $1.3 million last year, with very strong cash earnings. The service mix is weighted toward doctor-driven production, with hygiene representing a smaller share, presenting a clear opportunity to increase recurring revenue by expanding preventive services. Certain specialty procedures continue to be referred out, presenting further upside for a purchaser seeking to retain additional treatment in-house.
The practice serves a broad local patient base and operates on an assignment basis with co-payments collected, CDCP accepted, and minimal accounts receivable. The patient population is drawn primarily from the surrounding residential and commercial areas, supporting consistent patient flow and long-term stability.
The clinic occupies ~2,233 sq. ft. on the top floor inside of a 3-storey modern professional building on a main street. It offers excellent accessibility, ample free parking, contemporary leasehold improvements, and abundant natural light. The current lease is highly favorable – with no demolition clause, exclusivity for dentistry in the building, extremely reasonable rent, a current term until 2031, and two additional 5-year renewal options, taking it all the way to 2041.
The Vendor is willing to assist in a transition.
Highlights of this practice include:
- Five fully equipped operatories
- Approximately 1,380 patients seen in the past 12 months
- 10–11 new patients per month
- Average revenue of ~$115,000 per month
- Backlog of treatment due to limited hygiene hours
- Long-term, unimpaired lease in place with renewal options through 2041
- Central location with ample free parking
Additional Purchaser / Advisor Information:
- A comprehensive Practice Profile will be provided within 48 hours of inquiry
- The Appraisal will be distributed to qualified purchasers
- Offers will be submitted as received
- All offers will be prepared for review by the purchaser’s legal counsel
For further information or to arrange a confidential showing, please contact Amanda Kotchie, Sales Representative.