Ref# 4937
North York
Real Property Appraised Value: $2,200,000
Real Property Asking Price: $2,200,000
ROI Corporation is proud to bring this established, general practice to market.
Situated on the corner of an extremely busy thoroughfare in North Toronto, this practice has provided the community with a high level of personalized dental care for over 30 years.
Generating an average monthly production of more than $44,900, this practice has treated over 1,370 unique patients in the last 12 months. Preventative services contribute approximately 40% of the revenue annually.
With virtually no advertising, several specialty treatments referred out and a schedule that includes no evenings or weekends, the opportunities to increase revenue within this business are vast.
The building, which is also available for purchase, enjoys excellent exposure on a main street, which sees consistent local and region-wide traffic. Home to 3 fully equipped operatories, panoramic x-ray, storage areas and more, this 1,066 facility provides a clinical environment that is clean and comfortable for patients. A spacious basement apartment offers the owner an additional income stream as well as the opportunity to expand the practice in the future.
Advisors will frequently recommend property ownership, when possible, as the ability to be your own landlord provides a large degree of security to both the practice and the real estate investment. Utilizing this growing practice to pay down a property, which is poised for an exponential increase in value over the next decade, is highly advisable.
This is an incredible opportunity to purchase an established practice and property, while transitioning into long-term ownership of a community-oriented practice.
Highlights of this Practice Include:
- 1,370 patients seen in the last 12 months
- Phenomenal real estate opportunity
- Well-managed Accounts Receivable, well below industry average
- Opportunity to purchase the property and be your own landlord
Additional Purchaser/Advisor Information:
- A practice profile will be available to qualified purchasers requesting information.
- The Appraisal will be available to all qualified purchasers
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.