Practices For Sale

Ref# 5317

North York

This general dental practice is an excellent opportunity for a first-time owner or for an established owner in the area looking for secure property lease terms.

Built in 2008 as a satellite practice, this practice is operating on a part-time schedule. With 2 dentists offering ~20 hours of treatment per week and the hygiene team providing the same number of hours, approximately 500 active patients are under the care of the team.

Occupying ~3,000 sq. ft. of space between the main floor and basement, the main floor layout comfortably contains 4 equipped operatories with a 5^th operatory plumbed and wired. The basement offers a large space with an additional 3 plumbed rough-ins.

This purchase price point is very manageable for a first-time owner. The conservative hours, numerous outbound referrals, and strong hygiene program offer a solid jumping off point for an energized new owner. Whereas the strong lease terms and expansive space could appeal to an established owner in the immediate area interested in merging their practice.

Our client owns the building, and while they are not looking to sell the property at this point in time, they are excited to offer a long term, favourable lease to the new dentist. The second floor of the building is currently occupied by a small business, offering potential space to further expand the practice in the future.

Highlights of this practice include:

• 80% of patients have a dental insurance plan
• Over 15 outbound referrals per month
• Preventative codes account for 42% of production
• Minimal advertising efforts
• 4 equipped operatories
• Strong lease terms to be provided; no demolition clause

Additional Purchaser/Advisor Information:

• A Practice Profile will be provided within 48 hours of your request
• A Confidential Open (by appointment only)
• The Appraisal will be distributed to qualified parties
• The Offer Request Form must be submitted 48 hours prior to the Offer deadline
• 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 Jackie Joachim, COO & Sales Representative and/or Constance Walker, Broker.