Practices For Sale

Ref# 4885

Status: Sold

Location: Ontario

Gross Revenue: $414,648

Appraised Value: $887,350

Asking Price: $887,350

Cash Earnings: $113,498

North York

ROI Corporation is honored to present this general dental practice to the market. This practice is perfectly located in a dense area of Toronto (North York) next to a central subway line and surrounded by an abundant amount of condominiums, homes, restaurants and government buildings. This practice is situated in the center of everything that attracts a vast amount of people to the area.

Built in 2016, the practice benefits organically from the advantageous location and has easily obtained roughly 650 active patients. With the right motivated owner, there is vast potential to grow the practice even further with more effort and dedication.

The practice enjoys a spacious 1,885 of square footage, which houses five fully equipped attractive operatories. Clinical records, charts and X-Rays are stored digitally. As an associate only run practice, the practice produces roughly $400,000 in annual revenue and 42% of the production is derived from preventative care. The revenue has been consistent year over year. However, this practice is primed to leap into even higher production with the right ambitious owner.

The advantageous lease is noteworthy as it offers long-term tenure until 2035, including renewals, no demolition clause and dental exclusivity for the property in this highly desirable location.

The current owner does not work at this location but does own multiple locations throughout Toronto and unfortunately, their time and duties are spread thin. Therefore, the client has decided to shed this practice from their portfolio to focus on other locations. This is a buyer friendly asset sale.

Highlights Include:

  • Great starting base of roughly 650 active patients
  • Buyer friendly asset sale
  • Five fully equipped operatories in an 1,885 Sq Ft facility
  • Hygiene codes represent 42% of production
  • Opportunity to expand hours and days of operation
  • Exceptional lease with no demolition clause and dental exclusivity of the property

Additional Purchaser/Advisor Information:

  • A practice profile will be available upon request
  • An open will be held (by appointment only)
  • Offers should be accompanied by a certified cheque 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, please contact Doron Eisenberg, Sales Representative.

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