Practices For Sale

Ref# 4699

Status: New

Location: Ontario

Gross Revenue: N/A

Appraised Value: $992,520

Asking Price: $1,000,000

Cash Earnings: N/A

Mississauga

ROI Corporation is proud to present a truly rare opportunity to purchase a stunning, state of the art, newly constructed turn-key facility, built by Tripar, one of the nation’s leaders in dental practice construction. This is a must see!

Building a dental office from scratch is an undertaking that is so often underestimated. Construction delays, building code issues and ministry approvals are but a few problems that frequently arise during the process, which ultimately require time and incur considerable cost to the doctor. The opportunity to avoid these headaches by purchasing a turn-key facility, especially of this calibre, is seldom seen in today’s marketplace.

Located in central Mississauga on an arterial road and minutes away from major transit routes, this practice enjoys fantastic exposure. Situated in a corner unit of a beautiful professional building, patients of this practice are afforded plenty of natural light and a view of the busy streets below.

Built in 2018, this modern space is a testament to what can be achieved through laborious design. High-end leasehold finishes and furniture, complimented by high-end dental equipment create a clean, bright space that is also clinically ergonomic. Spanning ~2,225 sq. ft. this facility houses 6 operatories (4 fully equipped), a pan, sterilization area, private office, staff room and more.

With landlords and good leases becoming harder to come by every day, the opportunity to negotiate a brand new, long-term lease at fair market rent without any of the pesky demolition or relocation clauses is a breath of fresh air, and the potential to purchase the condominium unit in the future is setting up your long-term investment strategy!

As the current owner, a pediatric dentist, has another practice approximately 20 kilometres away, this opportunity is ideal for a general dentist or a specialist of any nature.

With room to grow as operations expand and the future potential to purchase the real estate, this is a “can’t miss” opportunity for new/current practice owners looking to start fresh or expand into a truly breathtaking facility.

Highlights of this Opportunity Include:

  • Built by Tripar
  • High-end, modern finishes
  • 6 operatories (4 equipped) situated in ~2,225 square feet
  • Highly desirable area of Mississauga
  • Abundance of natural light
  • Extensive time paid to ergonomic and aesthetically pleasing design
  • Long-term, stable lease available with no demolition or redevelopment clauses

Additional Purchaser/Advisor Information:

  • A Wide Open will be held from on Sunday, November 28th, 2021 from 10:00AM to 12:00PM – please inquire if you plan to attend so you can be put on a list of attendees
  • The Appraisal will be distributed on Monday, November 29th, 2021
  • Conditional offers must be submitted by Friday, December 3rd, 2021 at 5:00PM
  • 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 additional information, please contact Nicholas Boyle, Sales Representative.

 

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