Practices For Sale

Ref# 5377

Status: New

Location: Ontario

Gross Revenue: $133,140

Appraised Value: $464,680

Asking Price: $499,000

Cash Earnings: $35,221

Central GTA

ROI Corporation is pleased to bring this 2-operatory family practice to market. Located on the 2nd floor of a popular, central plaza, this practice is geared for future growth. Currently set up with 2 fully equipped operatories, there is a third room that is plumbed and wired. Additionally, the conservative office hours and outbound referrals provide additional space to grow the practice.

Offering 2 days of dentistry per week, the practice is focused on preventative and restorative treatments. An associate attends the practice 1 day/month to provide implant services.

Our client purchased the practice in 2020 and completed renovations to renew the space and add a pan. The 675 sq. ft. space is efficiently laid out with large windows in both operatories. The current lease term runs until 2035 with a further 5-year renewal option. There are no demolition or relocation clauses in the lease agreement.

This is a great opportunity for a first-time owner who is looking to learn the ins and outs of ownership without taking on too large of a debt load.

Due to family commitments, the current owner has not been able to commit to expanding the hours and creating a complete business plan for the practice. They believe there is great potential in the practice that they themselves have not been able to tap into.

 Highlights of this practice include:

  • Fully digital practice using Dentrix software
  • 2 operatories with room for a third
  • Free, ample parking
  • High traffic plaza with a variety of AAA tenants
  • 200 patients attended the practice in the last 12 months
  • 95% of patients have dental insurance

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, June 28th
  • The Appraisal will be distributed on Monday, June 29th
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline
  • Offers must be submitted on or before Friday, July 10th
  • 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, Sales Representative & COO, and/or Constance Walker, Broker.

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