Practices For Sale

Ref# 4182

Status: Sold

Location: Ontario

Gross Revenue: ~$469,540

Appraised Value: $488,890

Asking Price: $500,000

Cash Earnings: ~$248,140

North York

This is a small but ergonomically designed practice located in a retail plaza in the high-density area of the Yonge-Sheppard subway station. The practice consists of two operatories plus a Pan in a very functional 600 sq. ft. fully digitized office.

The practice was built in 2012 but has been under current ownership since June 2014. It is a basic, restorative practice with many procedures referred out and would benefit from a formal recall program.

Revenue has increased annually and is presently about $40,000 per month with good cash flow.

This opportunity would appeal to both ends of the ownership spectrum. It represents a perfect opportunity to get a foot on the dental ladder for a new owner or a seasoned practitioner looking to work a reduced schedule in a popular, busy area of the city, close to the subway.

Highlights of this practice include:

  • Storefront location in a prime location with exclusivity in the plaza
  • Lease extends to 2023 with strong likelihood to extend
  • 2 part time hygienists provide 2 days of hygiene per week
  • Assignment practice but with very few social service patients
  • Cash Flow equal to 52% of gross

To arrange an appointment to see the practice, please contact Bill Alton.

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