Appraisal Value Finalized
This is a Stalking Horse Auction Process
ROI Corporation is thrilled to present an exceptional opportunity to purchase a dynamic, high end family practice located on the high street in one of Toronto’s historic and sought-after neighbourhoods. Through exceptional brand marketing, stunning interiors and state-of-the-art equipment, this practice offers patients an elevated dental experience and a community feel that has resonated with those that work and live in this area.
This practice is ideal for an Investor Dentist™. Exclusively associate run, the office runs a healthy profit without the need to leverage any significant volume of speciality dentistry. Given the current rate of referrals to specialists, an incoming purchaser can bring expertise in speciality disciplines that will drive up the revenue at this office.
The ~2,300 sq. ft facility includes six operatories and has been consistently updated and tastefully maintained, offering a welcoming and modern environment that will not require additional investment for years to come. The practice is fully digital (x-rays and charting). It has a digital pan and tech upgrades throughout, which help the practice operate at the highest level of efficiency and comfort.
Our client will prioritize offers with a quick closing so she can attend to important family matters.
Highlights of the practice include:
- Excellent internal and external patient demographics, high density/growth
- Notable and accessible referrals for all speciality disciplines
- Non-assignment with 85% of patients covered by some type of insurance
- Vendor owns the building & will offer a favourable lease to obtain bank financing
- Collection rate is almost 100%
- Approximately 50 new patients per month
- All staff and associates are on contract
- Approximately 3,000 active patients
Additional features of this practice include:
- A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
- A Confidential Open will be held by appointment only
- Our client will prioritize offers with a quick closing so she can attend to important family matters
- Within 48 hours of acceptance of an offer we request a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice.