Ref# 5315
Central TORONTO – Updated Appraisal
Purchasing an established office in a medical/professional building is an excellent opportunity for a first-time owner. This clinic offers consistency and stability. As a further benefit, this sale will be an asset sale, which is of greater tax benefit to the purchaser. We expect buyers to seek advice from their accountant.
HIGHLIGHTS
- Gross revenue consistently at ~$1.3 million
- Non-assignment practice with minimal accounts receivable
- Hygiene is approximately 37%
- 30+ referrals sent out monthly
- Clinic open Monday to Thursday from 8 am to 5 pm.
- 4 operatories spanning just under 1,800 square feet
- Abeldent Software is used in the practice.
- Primarily adult-focused with a strong emphasis on crown and bridge dentistry
- Traditional hours only. No evenings, Fridays, or weekends
- Six full days of preventive care, generating close to 40% of total production
- Four long-tenured staff members, resulting in a lean and easy-to-manage team
- Vendor available to support a short transition, and happy to provide mentorship
- Good lease with a step-down demolition clause in place
- Located in an affluent, high-income demographic community with outstanding TTC access
ADDITIONAL INFORMATION
- Information booklet will be provided within 48 hours to those who inquire on this listing
- Confidential open to be held by appointment only
- Offers will be presented as received