Ref# 5364
Toronto
A beautifully built practice situated on the ground floor of a mixed-use condominium building with residential units above. The location is high-density residential in the core area of Toronto. The practice opened in March 2025, presently has 250 active patients and is attracting 20 new patients per month. While revenue is increasing, growth is hindered by the fact that only 1.5 days of dentistry are available each week. The owner lives outside the city, and while they found an excellent location to build a practice, they find the commute into downtown Toronto too time-consuming, which is the reason for this sale.
We have positioned this as an asset appraisal and sale because an annual financial statement is not yet available; however, some goodwill value is evident.
Highlights of this practice include:
- Staffed with a hygienist, assistant and receptionist
- Two days of dentistry each week (Fridays and alternative Wednesdays) but 4 days of hygiene
- 4 operatories but only 2 equipped
- 1,627 sq. ft @$49 sq. ft. basic rent
This is an opportunity for a first-time buyer to get off to a fast start for a very reasonable investment, or for an existing practice owner looking to expand. There is a patient base, there are staff, and there is revenue. The finishings and equipment in the practice would make any owner proud, and the practice is located in a neighbourhood of multiple high-rise condo towers. While the practice enjoys a long-term lease, the condo unit could be purchased, subject to negotiation with the landlord.
Conditions of this sale are as follows:
- An asset appraisal can be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement by appointment only
- Showings of the practice will be held on Sunday, May 17th by appointment only