Practices For Sale

Ref# 4559

Status: Sold

Location: Ontario

Gross Revenue: ~$1,866,400

Appraised Value: $2,928,010

Asking Price: $3,300,000

Cash Earnings: ~$785,600

Toronto

ROI Corporation is pleased to offer you this premium dental practice. The practice is located in one of Toronto’s most sought-after districts. The modern layout, state of the art equipment and attention to detail makes this office a nice compliment to the other top-tier tenants situated in this high frequency shopping complex.

Adjacent to one of Toronto’s busiest streets, the shopping centre only houses elite, coveted tenants. All of these tenants enjoy free parking, which is extremely hard to come by in a Toronto location and pays tribute to the forward-thinking design of this development.

The practice boasts impressive signage and great visibility to both driving and walking traffic. This is partly why the practice enjoys an average of 69 new patients per month and generates an average monthly production of ~$155,533, which continues to grow steadily year over year. With 5 operatories and a beautifully designed facility, this practice has serviced over 2,200 patients in the last 12 months.

This practice is ideal for an Investor Dentist™ as it is already fully serviced by a comprehensive group of associates.  All associates and staff are on agreements and contracts.

Lease security has become an essential aspect to any dental practice purchase. This practice’s current lease has term and options until 2040.

Highlights of this Practice Include:

  • Outstanding signage and location
  • Averaging 69 new patient per month
  • Steady strong production growth over the last 5 years
  • Ample free parking in Toronto
  • Premium neighbouring tenants in shopping center
  • Secure lease until 2040
  • All associates and employees on contract

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation Confidentiality Agreement
  • A Webinar will be held by Robert MacDonald at 8:00pm on Wednesday, October 21, 2020
  • Please click here to register for the Webinar   
  • The Webinar will be recorded – if you are not available to watch it live we still encourage you to register as the recording will be automatically emailed to you following the event
  • A Virtual Tour will be available to all pre-qualified purchasers
  • The Appraisal will be available to all qualified purchasers on or after Wednesday, October 21, 2020
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Offers must be submitted on or before Wednesday October 28, 2020

For additional information, please contact Robert MacDonald, Sales Representative.

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