Practices For Sale

Ref# 3080

Status: Sold

Location: Ontario

Gross Revenue: ~$1,382,960

Appraised Value: $1,548,660

Asking Price: $1,650,000

Cash Earnings: ~$792,460

Toronto, Ontario

Immediate sale due to health. Ideal for the i-Dentist™ or hands-on owner-operator.

This is a well-established practice located in a busy retail plaza in the north end of Toronto.   Our client has operated as a solo dentist for many years however, due to a serious health matter, a part-time Associate was contracted last year. This is primarily a restorative practice with some endodontics and minor surgery. There is plenty of opportunity for growth within the suite (only 4 of 8 operatories are presently equipped) along with ample potential to expand hours of service as this community would respond well to more evenings and weekends.

Highlights of this practice include:

  • Diagnostics and preventive care generate about 45% of monthly production
  • The practice has exclusivity within the plaza
  • Cash earnings for 2015 are anticipated to be in excess of 55% – well above the industry average

A Confidential Open (by appointment only) will be held on Sunday, October 18th, 2015. Offers will be presented to our client when submitted (after the Open date) as our client is highly motivated to transition this practice to a new owner immediately.

For more information, or to schedule an appointment to view the practice, please contact Bill Alton.

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