Practices For Sale

Ref# 5028

Status: Available

Location: Ontario

Gross Revenue: $144,936

Appraised Value: $450,900

Asking Price: $500,000

Cash Earnings: $28,726

Central GTA

ROI Corporation is pleased to bring this 2-operatory family practice to market. Located on the 2nd floor of a popular, central plaza, this practice is geared for future growth. Currently set up with 2 fully equipped operatories, there is a third room that is plumbed and wired. Additionally, the conservative office hours and outbound referrals provide additional space to grow the practice.

Offering 2 days of dentistry per week, the practice is focused on preventative and restorative treatments. An associate attends the practice half a day per month to provide treatments with nitrous.

Our client purchased the practice in 2020 and completed renovations to renew the space and add a pan area. The 675 sq. ft. space is efficiently laid out with large windows in both operatories. The current lease term runs until 2030 plus a 5-year renewal option.

This is a great opportunity for a first-time owner who is looking to learn the ins and outs of ownership without taking on too large of a debt load.

Due to family commitments, the current owner has not been able to commit to expanding the hours and devising a business plan for the practice. They believe there is great potential in the practice that they themselves have not been able to tap into.

Highlights of this practice include:

  • Fully digital practice using Dentrix software
  • 2 operatories with room for a third
  • Free, ample parking
  • High traffic plaza with a variety of tenants
  • 285 patients attended the practice in the last 12 months
  • 95% of patients have dental insurance

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • Click here for a quick video of the facility
  • A confidential Open by appointment only
  • The Appraisal will be distributed following the Open to those who attended
  • Offers will be presented to our client as received
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

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

 

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