Practices For Sale

Ref# 4529

Status: New

Location: Ontario

Gross Revenue: ~$1,181,980

Appraised Value: $1,967,590

Asking Price: $2,100,000

Cash Flow: ~$503,420

Toronto

Now available is an opportunity to purchase an exceptional long-standing practice with a large patient base in a modern facility.  With significant room to grow revenue by expanding the services being offered in this conservatively run office, this listing will appeal to a motivated purchaser with big plans!

The practice is situated on the second floor of a very busy retail plaza that is located at a highly trafficked intersection which is easily accessible from major highways.  With 5 operatories, all of which overlook the plaza parking lot with an abundance of natural light, this stunning facility is a sight to be seen.  It was relocated in 2014 with most equipment and all leaseholds being new as of then and is fully digital with a Pan.

The practice consistently sees approximately 2,400-2,500 different patients per year providing almost exclusively general dentistry with many services being referred out on a monthly basis.

In addition, the long-term patients have demonstrated a strong dedication to the practice by returning in droves.  During the month of June the practice generated 87% of its June 2019 revenue and that is being short an associate that previously worked 3 days per week.  Hygiene itself generated 98.5% of its June 2019 revenue and that is with the practice only being open for 2 days in the first week of June for urgent care and 2 days in the last week of June.  Current patient demand is greater than the capacity of the providers.

Highlights of the Practice Include:

  • 2,400 – 2,500 unique patients attend the practice per year
  • Hygiene generates ~42% of revenue
  • ~30 outgoing specialty referrals/month
  • Modern facility with 5 ops and fully digital
  • Opportunity to expand hours from the current schedule

Additional Purchaser/Advisor Information:

  • A Profile will be provided to interested parties within 48 hours of their request
  • An Open will be held on Sunday, July 26, 2020
  • In order to manage showings, we request that prior to booking an appointment you have an online meeting with David Rourke to determine the suitability of the practice
  • Offers will be due on Wednesday, August 12, 2020 at 4PM
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

For more information, please contact David Rourke, Sales Representative.

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