Practices For Sale

Ref# 4746

Status: Sold

Location: Ontario

Gross Revenue: $1,189,500

Appraised Value: $2,069,730

Asking Price: $2,069,730

Cash Earnings: $680,500

Toronto

ROI Corporation is proud to present a well-established, beautifully built general dental practice in the heart of Toronto, Ontario.

Established in 1958, this practice provides superior dental care to a high IQ patient base. This warm, modern space was newly built in 2015 and enjoys unparalleled natural light. Spanning ~1,633 sq. ft., this facility offers 4 fully equipped operatories, a sterilization area, staff room and more.

An experienced hygiene team comprised of 4 hygienists produces 36% of the practice’s revenue. This efficient team contributes to the monthly production average of approximately $98,500. Open 3.5 days a week and performing minimal specialty work, the opportunity to increase the already strong cash earnings of $680,500 is easily realized.

The owner is looking to transition out of ownership after a fulfilling career of servicing the dental needs of a loyal patient base. Ideally, our client is looking to stay on for a long-term transition with the practice to continue to provide patient care and ensure the goodwill is transferred.

This is an incredible opportunity to purchase a long-standing, consistent and highly profitable practice in a highly desirable area of Toronto, Ontario.

Highlights of this practice include:

  • Non-assignment practice
  • Economically strong and vibrant area
  • Rent expense has been negotiated to well below industry and area average
  • Remarkable natural lighting
  • Room to expand hours
  • ~1,826 unique patients seen in the last 12 months

Additional Purchaser/Advisor Information:

  • 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 McDonald or Nicholas Boyle, Sales Representatives.

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