Ref# 4990
Central Toronto – previously listed as Ref# 4506
This opportunity is ideal for a dental office in the immediate Yonge and Eglinton area.
With a few years remaining before a demolition clause may be invoked, this practice is ready to be merged with your location.
Our client has enjoyed long-term, patient relationships for over 40 years.
Currently, he occupies a large, second story, walk-up practice designed and built over 40 years ago. While patient loyalty is the hallmark of this practice, a new facility in the neighborhood would be ideal to ensure a transition of this multi-generational, high-income, and elevated dental IQ patient profile.
Our research indicates that almost 100% of patients follow a dental office relocation as the energy, fresh office looks and feel -along with staff commitment for growth – ensures that the merger increases revenue.
Currently, this office operates on a relaxed, traditional Monday to Friday work week with no evening hours. Our client’s limited and conservative schedule should be immediately extended to realize the practice’s full potential. A part-time Associate has been with the practice for about one year.
The hygiene department continuously produces between $40,000 to $50,000 per month.
Our client takes extraordinary pride in ensuring that patients are treated in an environment that upholds the highest of standards. The office is continually improving their policies and protocols to ensure patient care and safety is at the forefront of each visit.
Like the clinical operations, the business systems and financial protocols are truly unmatched.
Patients understand that the practice rarely accepts the assignment of insurance benefits. As a result, the practice’s accounts receivable is marginal which is uncommon.
Highlights of this practice include:
- A substantial number of procedures are referred to specialists
- The Appraisal has been adjusted to recognize the remaining lifespan of the leasehold improvements
- The high-density intersection is undergoing substantial redevelopment
CRITICAL DATES:
- A 30-minute Webinar available
- Your offer will be made fully conditional upon a site visit and inspection
- Your offer 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