Practices For Sale

Ref# 4859

Status: Sold

Location: Ontario

Gross Revenue: $194,208

Appraised Value: $291,270

Asking Price: $299,000

Cash Earnings: ($5,592)

Northwest of the GTA 

If owning real estate while building up your dental practice is within your 2023 objectives, this may be ideal for you. The practice is situated 20-30 minutes northwest of the GTA.

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. 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.

Our client purchased the real estate with the intent to rent the property and sit back as a real estate investor. He then decided to build out a modest dental practice in the front half of the facility and began to work part-time in this “hobby” practice.

The asking price of the dental practice is $ $299,000 and the asking price of the condominium is $850,000.

The office has been open 2 to 3 days per week on a relaxed daily schedule for the past 4 years. Our client has always taken 6 to 8 weeks of vacation and is now ready to retire.

The practice is situated in a high-growth community on a major thoroughfare. The condominium is street-front (storefront exposure) with two fully equipped operatories and ample room for expansion.

One of the great features of this condominium is the back half of the unit has a 16’ high-ceiling warehouse space with a 14’ roll-up truck door. It would be ideal to suit a variety of other businesses. Complimentary ventures to the dental practice, such as a dental laboratory or dental repair/supply service, would be ideal.

A small mezzanine on the second floor provides additional office and storage space (7ft. ceiling).

The dental practice generates a modest cash flow. Thus, it should be viewed as a warm start rather than a complete cold start/ de novo opportunity. Digital radiography, Panoramic X-Ray, Maxim software.

Our client is ready to close quickly, provided the purchaser is interested in both the dental practice and the real estate acquisition at the same time.

The demographic of this community is distinctly younger families and due to the late career status of our client, he has not been offering hours that are convenient for the young family profile of the immediate area.

Three part-time hygienists each work at the practice one day a week.

Important note:

The full-time Receptionist/Assistant will be retiring in the fall of 2023, making this an ideal opportunity for the purchaser to introduce a family member or trusted employee to take over the senior administrative role in the practice. A new, part-time, dental assistant will also be required.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided upon request
  • The Appraisal will be distributed to qualified buyers
  • 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 the practice address, please email 

  photographs can be provided to you in advance.



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