Practices For Sale

Ref# 4416

Status: Sold

Location: Ontario

Gross Revenue: ~$319,850

Appraised Value: $580,000

Asking Price: $650,000

Cash Earnings: ~$78,420


Situated in a large, high-traffic retail plaza in a rapidly developing area of Vaughan, this practice was established in 2010 and has been under the current ownership for the past 3 years. The practice is on the upper floor of a two-storey building with elevator service. Amenities include underground parking, and the building connects with anchor tenants on both sides. The location can be considered as excellent. On the same level there is a popular daycare centre and on the lower level there is a cosmetic spa. Both neighbouring tenants provide an opportunity for sourcing business for the dental practice.

Highlights of this practice include:

  • Long-term lease to 2030. Current term to 2020
  • No demolition clause
  • Family practice with patients from all age groups
  • 6 operatories (two equipped), providing ample opportunity for expansion
  • Digital and paperless
  • Beautifully constructed
  • Annual production $320K – $340K with plenty of opportunity for growth

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
  • A Confidential Open (by appointment only) will be held on Sunday, June 16, 2019
  • The Appraisal will be distributed on Tuesday, June 18, 2019
  • Offers will be due no later than 3pm on Thursday, June 27, 2019
  • The Vendor’s preferred closing date is Wednesday, July 31, 2019

For more information or to book your appointment for the Open on Sunday, June 16, please contact Robert Spillane, Sales Representative.

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