Ref# 4978
North GTA – previously listed as Ref# 4872
ROI Corporation is proud to bring this excellent opportunity to purchase a 5-operatory practice located in a highly desirable area of the North GTA. This is the right move for a buyer who wants to own their own real estate, own a well-established office, and to build the office to the next level.
Our client is motivated to sell and has reduced the asking price to $1,800,000.
Highlights of this practice:
- Be your own landlord – no demolition clauses, or escalating rates
- Practice purchased from original owner in 2008 and moved to existing location in 2018
- Vendor purchased property and completely renovated it to suit the needs of the patients
- 5 operatories
- RecallMax Pro audit revealed 170 patients are ready to book hygiene appointments and 192 patients are ready to book restorative appointments. A potential growth of over $300,000 revenue within the existing patient base.
- All staff on contracts and crossed trained, making them a highly effective team
- Strong hygiene program at 32%
- Practice is fully digital
- Software used is Dentrix with Lighthouse as the recall program
- Non-assignment – restorative procedures 30-40% above fee guide
- Efficient operations with nominal AR
- High density/growth area
- Room to extend hours
- Highly affluent and well-established neighbourhood with a strong mix of residential, and retail
- 60 homes being built behind the office
- 5-star Google rating, 5 star rating on Web MD and 4.9 star rating by Lumino Health from 70+ patient reviews.
Additional Purchaser/Advisor Information:
- A Practice Profile and Virtual Tour will be provided within 48 hours of your request
- A Confidential Open by appointment only
- The Appraisal will be distributed following the Open
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
Please contact Jackie Joachim, Chief Operating Officer & Sales Representative, and/or Constance Oly, Sales Representative.