Practices For Sale

Ref# 4541

Status: New

Location: Ontario

Gross Revenue: $414,762

Appraised Value: ~$1,100,000*

Asking Price: $1,100,000*

Cash Earnings: $170,180

*May be revised upon completion of the Appraisal

York Region

Be on the thin end of the wedge that is the new normal. An excellent opportunity exists to acquire a rapidly growing practice in a highly desirable area that even pre-pandemic, had seen significant inward population flows due to reduced housing prices and proximity to the city. This beautiful growing Hamlet is a well-serviced rising star in the York region and sits just a short drive off highway 400. The subject office is located in newly built mini-plaza in the center of town and is surrounded by other stable and complimentary businesses.

Established in 2016 after a merger from another location the office has maintained a loyal following that repeatedly returns for the accomplished cosmetic dentistry and calm atmosphere that has been thoughtfully curated by our owner. The immaculately finished 1,600 sq. ft. 4-operatory facility has struck a chord with patients and would make for a very rewarding location to practice and grow a successful business.

This is a general practice that performs a significant amount of Invisalign® procedures. Our client, who has a passion for Invisalign® is available for a harmonious transition that can see them wrap up outstanding cases (approx. 35) and secure any latent goodwill transfer upon sale.

Highlights of this practice include:

  • Fully digital office with equipped with state of the art scanning equipment
  • Strong new patient growth of approximately 10-15 new patients per month
  • Significant room to expand hours on the current 3 day week
  • All oral surgery (approximately 5 per month) are referred out
  • Excellent visibility on busy major intersection
  • Reasonably priced lease in place till 2032 with exclusivity for dentistry
  • Ample, free parking

Additional Purchaser/Advisor Information:

  • A Virtual Tour will be provided to pre-qualified purchasers prior to the Webinar
  • A Webinar will be held on Thursday, August 27, 2020 @ 3:15PM (ET)
  • Please click here to register for the Webinar
  • A Confidential Open (appointment only) will be held on the morning of Sunday, August 30, 2020
  • The Appraisal will be distributed to those looking to place an offer on Tuesday, September 1, 2020
  • Conditional offers must be submitted on or before Thursday, September 10, 2020
  • Within 48 hours of acceptance of an Offer we will require 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 or to schedule an appointment, please contact Robert Spillane, Sales Representative.

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