Practices For Sale

Ref# 4103

Status: Sold

Location: Ontario

Gross Revenue: ~$1,438,130

Appraised Value: $1,646,380

Asking Price: $1,800,000

Cash Earnings: ~$728,670

East GTA

This is a large, modern practice, suitable for either an i-Dentistâ„¢ or a hands-on owner. The practice has great exposure on the ground floor of a 10-storey office building in a high-traffic area.

The facility consists of 5 operatories plus a PAN and recovery room in approximately 1,700 sq. ft. The lease extends to 2032. The dental practice at this location was originally installed in 1987. It has been under the present ownership since 2014.

Recently the owner amalgamated a second nearby practice into this location resulting in a very large patient base with substantial production. The practice receives on average 25-30 new patients per month.

Highlights of this practice include:

  • Sleep dentistry is provided
  • 3 associates, one of whom is an anaesthesia specialist
  • 3 hygienists providing 9-10 days of hygiene per week
  • Staff, associates and hygienists have written agreements
  • A registered nurse is on staff
  • The majority of the practice is non-assignment
  • Digital radiography

Additional Purchaser/Advisor Information:

  • A Confidential Open (by appointment only) will be held on Sunday, August 21, 2016
  • A Practice Profile will be provided within 48 hours of request to those that have completed a ROI Corporation Confidentiality Agreement
  • The Practice Appraisal will be released to qualified parties on Tuesday, August 23, 2016
  • Offers will be due not later than Wednesday, August 31, 2016
  • The preferred closing date is Friday, October 14, 2016

For more information or to book an appointment, please contact Bill Alton.

 

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