Ref# 4812
Downtown Toronto East, Ontario
ROI Corporation is honoured to present a wonderful ownership opportunity in a historically productive 47-year-old general dental practice. Being a staple in this Downtown Toronto East community since 1977, the practice has enjoyed continued success year after year.
This general practice takes pride in providing excellent service to a loyal 650 active patient base. 75% of the patient base are of Asian descent. There are two part-time associates employed, including the owner working two days a week. The 2022 revenue of approximately $800,000 with cash earnings of $500,000. 39% of the production is hygiene based and roughly 27 services are referred out monthly.
Efficiently occupying 800 square feet of space, the practice houses two fully equipped operatories, in addition to a third room that is plumbed and wired. The office is situated on the third floor of a low rise professional health building with rent as inexpensive at a nominal $3,400 per month.
This productive practice clearly presents an intriguing investment opportunity for the right fit: a savvy dentist looking to get their foot into first time ownership at a low cost price point. This is also a buyer friendly asset sale
Highlights of this practice include:
- Located in a busy 3-story medical building. Ample street parking and local public transit accessible.
- 80% of the patients are covered by a type of insurance.
- Low expenses.
- Practice started in 1977, renovated in 2010.
- Stable, established community. 75% of the patients are of Asian descent.
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request.
- Confidential visits to the practice will be held on a case by case situation.
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
- A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due two days after the offer is accepted.