Practices For Sale

Ref# 5012

Status: Updated

Location: Ontario

Gross Revenue: $1,780,000

Appraised Value: $2,424,540

Asking Price: $2,400,000

Cash Earnings: $687,000

Mississauga

This is your opportunity to own a fabulous practice in the highly desirable city of Mississauga. This family practice is located in a retail plaza in an established residential area bordering one of the city’s main streets. The practice is on the ground floor, store-front, with other tenants including MD’s and optometrists. Truly, an excellent location.

The practice was originally established in 1990 and has been under the current ownership since April 2021. It consists of 4 operatories plus a PAN, private office/consult room, private office, and staff room in approximately 1,300 sq. ft. It shows extremely well and would make any owner proud. The lease extends to 2042 (current term to 2032) and the practice enjoys exclusivity for dentistry in the plaza. Rent is approximately $5,500 per month.

In addition to the owner, there are two part-time associates and two hygienists who work 9-10 days of hygiene per week. Some, but not all, staff are on written agreements. Other highlights of this practice include:

Highlights of this practice include:

  • Annual production approx. $1.8MM
  • 1,700 active patients plus 500 semi-active patients
  • 20-30 new patients per month
  • Non-assignment
  • Digital and paperless
  • Tracker practice management software

Additional Purchaser/Advisor Information:

  • A profile of the practice can be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement

For more information or to book an appointment contact Bill Alton at bill@roicorp.com

 

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