ROI Corporation is pleased to represent an established dental practice located in a small retail plaza in the busy south Etobicoke area of Toronto. Our client is the solo practitioner in this three operatory clinic and will be retiring from practice following the sale.
The practice started in 1976 and has been at the current location since 2007. This is a basic restorative practice with most endodontic, oral surgery, periodontic (with the exception of scaling) and orthodontic referred out. Typical for many older practices, the dentist does his own hygiene treatment.
Annual production is consistently over $400,000 and cash flow is good for a practice of this size.
The current lease for this ~1,200 sq. ft. facility expires in February 2017 with two 5-year renewal options.
This is an excellent opportunity for a hands-on, skilled dentist to acquire an established Toronto practice with immense opportunity for growth.
Additional Purchaser/Advisor Information:
- An Open is scheduled for Sunday, August 30th, 2015.
- The Offer Deadline is Thursday, September 10th, 2015 at 5pm.
- Our client prefers an October 30th, 2015 closing.
For more information or to book an appointment, please contact Bill Alton.