Practices For Sale

Ref# 4742

Status: Sold

Location: Ontario

Gross Revenue: N/A

Appraised Value: $513,300

Asking Price: $490,000

Cash Earnings: N/A

 

Woodbridge – FACILITY SALE

This recently built practice is available for sale in an upscale area in Woodbridge. The office is situated in a retail plaza with excellent visibility from what is a very busy street level. This offering will appeal to a practice owner looking for a new space, a satellite practice or a warm start for an associate looking to ascend the ownership ladder!

Although this is not a goodwill sale, approximately 100-120 patients have attended the practice since it slowly opened its doors less than a year ago. Despite keeping minimal hours new patient flow is estimated at 20 per month. With brand new equipment and leaseholds, the practice consists of three operatories, a pan room, consultation room, sterilization area, lab area and a private office. There is a large basement area with an additional washroom and an open space currently being used as an office. At present two operatories are equipped with one additional operatory plumbed and wired. Both of the operatories are equipped with a chair, cabinetry and x-ray. Total area is approximately 1,600 sq. ft.

This is an opportunity to get into this desirable location right now and not have to be concerned with the exhausting/expensive process of negotiating a lease and building out an office. Suffice to say, the asking price is less than it would cost to complete a comparable project if undertaken today.

Highlights of this practice include:

  • Excellent lease – existing 10 year and right to renew for 3 five year terms
  • High density area with exceptional potential for new patient flow
  • Ground floor location with free parking
  • Newly equipped ops, sterilization area, x-ray area
  • RBC Bank across the street creates foot traffic
  • Turnkey facility for less than you can build today!

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed to qualified buyers
  • Appointments to view the practice will be available on an individual basis – following proper COVID-19 protocols
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice

 

For more information or to schedule an appointment, please contact Roopali Kapoor, Sales Representative.

Request more details for this listing

In order to get more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information