Practices For Sale

Ref# 4919

Status: Updated

Location: Ontario

Gross Revenue: $524,668

Appraised Value: $732,480

Asking Price: $630,000

Cash Earnings: $255,093

Etobicoke  – Vendor Offering Price Reduction

ROI Corporation is delighted to announce the availability to purchase an ORTHODONTIC PRACTICE in Etobicoke, located ½ hour from the downtown core.

One of the main selling features of this practice is its location. This high-income neighbourhood boasts top-notch schools, and the practice is accessible by bus and subway. This orthodontic office has high visibility due to its street level location and is surrounded by stores, restaurants and businesses that specifically cater to children. Ample parking is available for your patients and staff.

The current lease runs until 2026 with an additional 5-year renewal, and the landlord is motivated for further extensions.

This orthodontic practice would suit both new grads or established practitioners and offers immediate cash flow and tremendous future growth with increased hours. Competent, well-trained staff are willing to stay on a full-time basis.

The current owner works 2 days per week and is available to continue working if needed. A smooth transition will be ensured. There has been minimal external marketing, leaving the potential to expand the schedule as desired. The practice has enjoyed a superb professional reputation within the community.

The office was established in 1996, with multiple aesthetic and equipment upgrades. In-office pan/ceph radiographs and Itero scanners are utilized. Therapeutic botox and teeth whitening are additional services offered at this traditional orthodontic office. There are 3 treatment chairs and a 4th chair in a separate consultation room. The office also provides a staff room, private doctor’s office and plenty of storage. All retainers are fabricated within the office space dedicated for lab work.

Highlights of this practice include:

  • Superb location with nearby schools
  • Public transit/on the subway line
  • Affluent neighbourhood surrounded by residential, commercial and retail businesses
  • Abundant parking for staff and patients
  • Professional and experienced staff
  • Practitioner willing to stay if required

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed to pre-qualified candidates who have completed and ROI Corporation Confidentiality Agreement
  • Showings will be scheduled by appointment
  • Offers will be presented as received
  • A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due within 48 hours of offer acceptance
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

For more information or to schedule an appointment, please contact Roopali Kapoor, Sales Representative.

 

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