Practices For Sale

Ref# 4681

Status: New

Location: Ontario

Gross Revenue: $399,216

Appraised Value: $798,160

Asking Price: $800,000

Cash Earnings: $167,466

Toronto

ROI is pleased to bring to market this eclectic practice, located in the exciting area of Yonge and Bloor, a magnet for new development.

The subject practice was established in 2001, with the owner now retiring due to health reasons. In addition to the practice, the real estate is also for sale. The practice occupies the bottom floor of a multi-storey condominium building.

An eclectic, unusual practice with vivid paint colours. There are 4 plumbed operatories, but only 2 are currently equipped. There is plenty of room for expansion in the approximately 2,000 sq. ft. of space. While there is no Pan, there is a space built for one.  A large reception and waiting area welcome patients into the practice.

The owner is a socially responsible dentist and serves a diverse patient base. They work a relaxed schedule, with no evening or weekend hours, and do no advertising, providing lots of opportunity for the incoming dentist.

Highlights of this practice include:

  • No rent! The condominium is for sale with an appraised value of $1,520,000.
  • The real estate must be purchased with the practice.
  • Radiography is digital, with sensors.
  • Anticipated 2021 revenue will be approximately $400K.
  • For health reasons, the vendor is not available to stay as an associate after closing.

The potential for this practice in this location cannot be overstated. The current owner has been satisfied with a smaller, stress-free practice, but so much more is possible. Be the one to take this to the next level.

 

For more information or to schedule an appointment, please contact Bill Alton, Sales Representative/Associate.

 

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