Practices For Sale

Ref# 4457

Status: Sold

Location: Ontario

Gross Revenue: $576,900

Appraised Value: $745,430

Asking Price: $900,000

Cash Flow: $200,680

Etobicoke

Welcome to the opportunity of a lifetime. ROI Corporation is offering a fantastic practice in a fast-developing area of Etobicoke, near a GO station. Located in a beautiful hi-rise, the 14-storey building has commercial on the ground floor and residential above. Your neighbours on the ground floor include medical doctors and a pharmacy.

This practice, in a high-growth area of Etobicoke, will only continue to get better.

The dental practice opened in February 2017 and has been growing rapidly ever since. It consists of 5 operatories in approximately 2000 sq. ft. The vendor owns the unit and is open to a lease arrangement.

Highlights of this practice include:

  • 3 associates plus the vendor currently provide 4 days of dentistry per week
  • A full-time hygienist
  • Approximately 700 active patients
  • Approximately 25 new patients per month
  • Production of $55-60K per month

Additional Purchaser/Advisor Information:

  • A profile of the practice will be provided to those who have completed a ROI Corporation confidentiality agreement
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

For more information, please contact Bill Alton, Sales Representative.

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