Practices For Sale

Ref# 4975

Status: Updated

Location: Ontario

Gross Revenue: $2,276,845

Appraised Value: $2,884, 600

Asking Price: $2,895,000

Cash Earnings: $406,017

Toronto

Year end figures are in and as a result, the value has been adjusted accordingly. The Bank of Canada announced on January 24th that interest rate would remain same. This has held steady since July 2023, and it seems that the central bank has indicated it is now more focused on when to start lowering interest rates than whether it may need to hike them again.

This is the time to buy.  This is an incredible opportunity to take an Invisalign® only business model and add hygiene and restorative dentistry to grow further. Our client has informed us that approximately 30% of the patients attending the practice do not have a general dentist.

The practice operates out of two locations.  Our client is the owner operator working 40 hours per week between the 2 locations. The properties for both locations are owned by our client and also available for sale.  A huge offering to be your own landlord in the GTA! No landlords  eliminates the worry that comes with leases, increasing rents and certainly demolition clauses.

Established in 2000, this well-branded practice has established a wonderful reputation. A dedicated team provides the highest level of care and professionalism, which can be seen in the numerous, glowing online reviews. Our client chose to build current locations in 2013 & 2014 to offer modern facilities with exceptional patient comforts and technology.

The two locations are over 10km away from each other.  Staff are shared but opportunity to grow each location is tremendous as patients are only coming for Invisalign®.

The practice has 70 new consults per month averaging about 35 Invisalign® starts per month with 40-50 patients seen per day.  The practice is non-assignment and the financial policies are very strong.

Highlights of this practice:

  • Operates out of 2 locations where only staff is shared
  • Well trained staff
  • Highly visible locations
  • 2,602 total patients attended in last 12 months
  • One location is a 2,668 sq. ft. standalone building with 4 operatories
  • One location is a 1,541 sq. ft. store front condo with 3 operatories
  • Properties are available or excellent leases will be provided

Additional Purchaser/Advisor Information:

  • An information booklet and Virtual Tour of the Practice will be given within 48 hours of your request
  • A Webinar to explore this opportunity in detail will be held on Wednesday, February 7th at 7PM
  • Offers will be presented to our vendor as received
  • An opportunity to visit the Practice will be available on Sunday, February 11th
  • The appraisal will be distributed on Monday, February 12th to those who have visited the office
  • 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 Jackie Joachim, COO & Sales Representative, and/or Constance Oly, Sales Representative.

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