Practices For Sale

Ref# 4184

Status: Sold

Location: Ontario

Gross Revenue: ~$810,000

Appraised Value: $1,159,740

Asking Price: $1,170,000

Cash Earnings: ~$330,000

East GTA

ROI Corporation is proud to present an excellent opportunity to purchase and expand a very well established practice located in a rapidly developing community just east of Toronto.

The practice is situated on a bustling street corner with excellent exposure and occupies a stand-alone building.  A significant selling feature of this practice is an exceptional lease that extends for an additional 17 years, at below market pre-negotiated rates.  A lease of this nature, offers the purchaser long term security at a fixed rate which is very rarely found in the GTA market.

The 5 operatory practice has been recently renovated and offers patients a warm, welcoming and modern environment.  With approximately 2,400 sq. ft. of space, a pan, and ample administrative space, the practice is poised for further growth, which could be decidedly augmented by a purchaser who could bring specialty services to bear on a loyal patient base.

Highlights of the practice include:

  • Secure lease until 2034
  • Excellent patient demographics and full collections
  • Located in a high growth area with many residential developments in progress
  • Traditional appointment hours with no evenings or weekends
  • Opportunity to expand the services of the practice by keeping referred out procedures in house
  • All employees are on proper written contracts
  • Strong new patient flow
  • 5 operatories in a comfortable and friendly environment
  • The vendor will make themselves available for an orchestrated transition

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement

Request more details for this listing

In order to get more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information