Ref# 5379
Oakville – previously listed as 5090
ROI Corporation is delighted to present this excellent opportunity for ownership in a highly desirable and mature area in Oakville. This will be a share sale.
Opened in 2017, this office has 3 operatories with room for a 4th. This tastefully designed office occupies approximately 1,350 square feet and is in a commercial /business plaza with excellent visibility and easy access to the QEW. The clinic also has a staff room, private office and plenty of natural light in each operatory. The landlord has advised that after the 2027 term, they are willing to provide two 5-year renewal options. The purchaser will have the opportunity to negotiate their terms with the landlord. After 2030, a demolition clause and relocation clause could be added to the lease terms. The gross rent, including utilities, is extremely reasonable at approximately $3,900 per month.
A new owner will take this clinic to the next level with a good marketing plan and by being available to book same-day dentistry. Currently, the practice generates over $550k in production from only 3-4 days per week with 1 dentist/owner and a hygienist. Our client refers out procedures such as some endos, ortho and pediatric. Most patients have excellent insurance coverage. This clinic offers a strong foundation for success with approximately 400 -500 active patients.
Highlights of this facility include:
- 3 fully equipped operatories with room for a 4th
- Belmont and Sirona chairs and delivery units with A-dec steri system
- Business office, and Staff room/lab
- 80% of patients have excellent insurance
- Assignment with excellent collection policy
- Maxident software
- Located in a highly visible location
- Practice has exclusivity for general dentistry in the building complex
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of the request to those who have signed a confidentiality agreement
- A Confidential Open (by appointment only) will be held in the evening of Monday, June 29th
- The Appraisal will be distributed following the Open
- The Offer Request Form must be submitted 48 hours prior to the Offer deadline
- Offer deadline will be Tuesday, July 14th by 5pm
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review