Practices For Sale

Ref# 4812

Status: Sold

Location: Ontario

Gross Revenue: $850,000

Appraised Value: $611,760

Asking Price: $610,000

Cash Earnings: $493,896

 

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.

For more information or to schedule an appointment, please contact Doron Eisenberg, Sales Representative, doron@roicorp.com (416) 452-9164.

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