Ref# 4957
Downtown Toronto, East
Asset Sale
When opportunity closes one door, a window opens another. Welcome to practice #4957: a 24-year-old general practice located in a very popular area in Downtown Toronto East. This practice offers varied opportunities to any keen dentist who sees this unique value and can quickly capitalize at an amazingly minimal investment.
This is an uncomplicated general practice currently run by the principal dentist and his wife as the receptionist. No other staff members are employed. The owner takes a tremendous amount of time off throughout the year and refers out at least 40-50 services monthly from hundreds of loyal, active patients. In addition, the expenses of the practice are kept remarkably low, directly benefiting the bottom line.
This is a quaint and efficient 976 sq. ft. practice, with 3 well-lit operatories located on the second floor of a very busy professional building off a main street. There is a timely window of between 5-10 remaining years of operating in this specific location, as a short-lived demolition clause exists in the lease. While not all demolition clauses are created equal, and each circumstance should be viewed independently, in this specific instance, it appears that the building of this practice will be demolished within this decade.
With that being said, two options are available to interested buyers:
1. A local dentist can benefit from a goodwill/chart sale and drastically increase their current patient base.
2. At this practice’s current low price point and with all of the existing opportunities, a very lucrative opportunity undeniably exists for the next shrewd, hands-on owner to enjoy the practice for as long as possible in that specific location.
Ultimately, this is a uniquely inexpensive opportunity that deserves some thought and should not be overlooked for its potentially significant return on investment.
Highlights include:
- Hundreds of active local patients
- Buyer-friendly asset sale
- 3 fully equipped operatories in a 976 sq. ft. facility
40-50 services referred out monthly that can be kept in-house
Ample room to expand on hours and days of operation - Densely populated area with plenty of options for transit and parking for patients.
- No current marketing is being done, including no website
Additional Purchaser/Advisor Information:
- A practice profile will be available upon request
- An open will be held (by appointment only) on Friday, September 22nd, 2023
- The Appraisal will be distributed by email request on Friday, September 22nd, 2023
- Conditional offers must be submitted by Thursday, October 5th, 2023 at 4:00 PM
- 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