Looking for the perfect dental practice that’s strategically poised to benefit from the exciting developments near Toronto’s King West area? Look no further! This outstanding opportunity is your ticket to owning a thriving dental practice in one of the most promising locations in the city.
Situated just a stone’s throw away from the highly anticipated “The Well” development, this dental practice is positioned to capture the booming population set to flood the area. With three million square feet of office, retail, and residential space opening this November 2023, “The Well” is set to become a major attraction, bringing thousands of people right to your doorstep.
This “warm start” practice is ready for you to step in and take the reins. Boasting a solid foundation of 300 active patients, most of whom are local residents, you’re already off to a fantastic start. The spacious 1,375 sq. ft. facility houses four fully equipped operatories, offering ample room for growth and expansion.
As an associate run practice, revenue has been consistent year over year but primed to significantly increase with the right ownership at the helm. Hygiene services alone represent approximately 28% of the total revenue, with significant room to expand operation hours and days to cater to the rising demand.
As numerous condo developments spring up around the practice, you’re perfectly positioned to capitalize on the area’s rapid expansion. With “The Well” drawing people from all corners, your practice will be at the heart of the action.
Securing your future, the practice comes with an exceptional long-term lease featuring no demolition clause and dental exclusivity. Your tenure is safeguarded until 2035, allowing you to establish a lasting presence in this thriving community.
This is your chance to acquire a well-established practice with immense growth potential. The current owner’s diversified commitments present a unique opportunity for you to step in and make your mark. Don’t miss out on this buyer-friendly asset sale primed for success.
Highlights of this practice include:
- Buyer-friendly asset sale
- Clinical records, charts, and X-rays are stored digitally
- Hygiene codes represent roughly 28% of the total revenue
- Ample room to expand on hours and days of operation
- An exceptional long-term lease with no demolition clause, offering tenure up to 2035 and dental exclusivity
Additional Purchaser/Advisor Information:
- A practice profile will be available upon request
- The Appraisal will be distributed by email request 3
- 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.