URGENT: Sadly, our client passed away yesterday. She had not worked in the practice for many years due to a long-term illness.
This is now an immediate sale. Yorkville, Toronto location.
Associates continue in place to provide care for the patients.
Do you tend to embrace opportunities for strategic growth? This is the ideal moment for both the visionary new owner ready to build their dream office and individuals with an existing practice in the area.
The growth opportunity lies in the lease: with an insightful perspective, consider this an opportunity for strategic planning. You have 4½ years remaining on the lease’s current term, with an additional 5-year renewal option to extend your presence. There is an impending building sale, which will likely result in demolition and relocation, and although the sale is scheduled to close in July 2025, there has been no notice of demolition at this point.
This relocation becomes a chance for a new owner to explore new horizons and position your business for even greater success in a fresh and dynamic location. Take over the practice in its current location and welcome over 1,000 active patients from day one. In the coming years, familiarize yourself with the patient base and staff while planning for the probable move when the time comes.
For individuals with an existing practice in the area, this opportunity is perfect for seamlessly integrating a loyal, multi-generational patient base to drive immediate revenue growth. This well-established family practice has proudly served the community for over four decades, so you can expect intelligent patients.
Presently, this practice is entirely associate-driven, with 4 associates providing just over 60 hours of dentistry per week, complimented by 3 hygienists delivering just under 70 hours of hygiene treatment per week. There is also an office manager, receptionist and 2 assistants.
The Vendor is open to flexible terms of sale amidst the pending demolition, including a possible vendor financing option.
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- Showings are available upon request
- Offers will be presented as submitted
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review