Practices For Sale

Ref# 4487

Status: Updated

Location: Ontario

Gross Revenue: $529,388

Appraised Value: $653,330

Asking Price: $775,000

Cash Earnings: ~$104,240

Post-COVID Closure Update 

North GTA 

Great opportunities are rare, but this is one of them! A modern, beautifully executed store-front office in a major retail plaza in the northern section of the GTA, this practice enjoys excellent visibility, high traffic and loads of free parking. Plus, this office has an exclusivity clause in its lease!

The practice has fully recovered from the COVID-19 shutdown. Production for August and September 2020 was greater than in the same period in 2019.

In a market that is currently starved of abundant inventory, this listing represents a wise investment in a prosperous area. Seize an opportunity to fast track your success by purchasing an established office that has a robust hygiene program, motivated staff and an expertly negotiated lease.

This general practice provides a strong foundation paired with the vast potential for further refinement of the practice’s offerings and operations.  The office was built in 2009 by an owner with multiple practices. They themselves would concede that this practice has not had the attention it commands. All the more opportunity for a new owner!

Highlights of this practice include:

  • 1,800 sq. ft. with high-end finishing
  • Beautiful, modern décor with top of the line equipment
  • 5 operatories (3 equipped)
  • Digital and paperless
  • 1,000 active patients
  • Lease runs to 2029
  • Currently, limited dental hours
  • Annual production $500-600K
  • Hygiene accounts for greater than 40% of total production

Additional Purchaser/Advisor Information:

  • A Practice Profile & Virtual Tour will be provided within 48 hours of your request
  • The Appraisal will be distributed to qualified parties
  • Appointments to see the practice will be available on an individual basis
  • Offers will be presented to the Vendor as received
  • 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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