Practices For Sale

Ref# 5021

Status: Offer Registered

Location: Ontario

Gross Revenue: N/A

Appraised Value: $565,120

Asking Price: $325,000

Cash Earnings: N/A

Orangeville – Update

Our client is extremely motivated to sell.  Therefore, our new asking price, $325,000 – reduction of ~$240,000.

Update: We have recently come to learn that a new 8-storey condo is proposed for the space directly across from the dental office.  This represents potentially 200 new patients for this office.  The landlord is invested in the success of this plaza as they are an owner-operator of a business in a  neighbouring unit.

This beautifully designed dental facility is situated in a health-based plaza which offers a wide range of professional offices to attract patients such as medical clinic, pharmacy, physiotherapy to name a few. This plaza receives a great amount of inbound traffic throughout the entire day.  There are just under 200 active patients resulting in gross revenue of ~$230K in 2023, with a very limited schedule.  Opportunities abound in this clinic.

Starting a practice today, will easily cost $750K and can easily end up at $1M.  Then you need to invest more time and money to hopefully breakeven in 12 to 18 months.

Our client secured an excellent lease with exclusivity, no demolition or relocation clause.   Current term ends in 2029 with 2 additional 5-year renewals.  This 1,400 square foot dental facility was completed in 2020. There are 4 fully equipped operatories.  The layout offers a welcoming waiting area, sterilization area, pan room, 2 washrooms (1 patient & 1 private) as well as a comfortable staff room.

To have a quick view of the clinic, please click here for a 30-second tour.

Highlights of this facility include:

  • 4 fully equipped operatories
  • Business office, Staff room, Consult room
  • 2 washrooms in the office
  • Located in a beautiful, modern healthcare plaza
  • Setup is fully digital (charting & x-rays)
  • Ample, free parking

Additional features of this practice include:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • Offers will be presented to the Vendor as received

For more information, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

 

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