Practices For Sale

Ref# 4797

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: N/A

Appraised Value: $576,340

Asking Price: $390,000

Cash Earnings: N/A

Reduced Asking Price – Previously listed with an Asking Price of $499,000.

ROI Corporation has updated a listing for a Turn Key Facility in North York, Ontario  

Setting up a brand-new practice anywhere in greater Toronto will cost a minimum of $750,000. Not to mention a minimum of one year to negotiate a brand, new premise lease and obtain building permits.
Canadian banks have become much more conservative with approving brand-new start-up practice financing because of the immense competition surrounding all existing dental practices.
This is an immediate, hot start, and you can be in practice in less than 30 days. Ideal for a dentist with a large family or following from their community.

“Our client is highly motivated to focus on his commitments in another city well over one hour from this location. He has removed some of the equipment in order to make this an attractive and affordable rapid start opportunity. The new owner can be in this location as a turnkey practice opportunity before the start of this summer”.

Our client is seeking an immediate sale due to substantial obligations two hours away including family, and two other dental practice investments.

A new general dental facility sale is available for your consideration! Whether you have an existing office in the area and are looking for a new space or are a new owner with an entrepreneurial spirit, this 1,278 sq. ft. space is a must see!

This facility boasts wonderful 12-foot ceilings providing a welcoming, airy environment. All the operatory rooms have floor to ceiling windows. In addition, interior windows have been added throughout the practice so that natural light reaches all areas of the office. The sterilization area is centrally located offering great in-office flow.

The facility occupies a ground floor unit of a 9-storey professional building. Outfitted with 4 operatories, sterilization area, laboratory and x-ray area, the footprint is perfectly utilized. Next to the professional building there is a vibrant green space for residents and visitors in the area. The area is extremely well-connected to the TTC services providing great convenience to future staff and patients.

Highlights of this practice include:

  • Built in 2020
  • Digital Pan
  • IPAC Policy Manual
  • Dentrix Software
  • Wheelchair access
  • Daily janitorial services
  • Ample ground parking for patients

Additional Purchaser/Advisor Information:

  • Video tour available upon request
  • The Appraisal will be distributed to qualified applicants
  • Offers will be presented as they are received
  • Offers should be accompanied by a draft 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 more information or to schedule an appointment, please contact Roopali Kapoor, Sales Representative.

 

 

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