Practices For Sale

Ref# 5041

Status: Available

Location: Ontario

Gross Revenue: $793,672

Appraised Value: $1,300,890

Asking Price: $1,350,000

Cash Earnings: $370,589

EAST GTA

ROI Corporation is excited to present you with this golden opportunity: ownership of a long-standing dental practice in the heart of a busy city in the east Greater Toronto Area. With the acquisition of this practice, you will seize your chance to build on a legacy of exceptional oral healthcare and continue to make a lasting impact on the community.

Located in the region of Durham, this city is known for its diverse geography, including lakefront areas, conservation areas, greenspaces, rural landscapes, and suburban neighbourhoods. The economy of this city is diverse, and it has seen growth in recent years, attracting new residents and businesses.

Established in the early 1980s under its original ownership, this practice transitioned to our client’s tenure over a decade ago. Centrally located, it is situated on the second floor of a medical building and houses 4 fully equipped operatories in ~1,000 square feet. With this practice, you will enjoy main street visibility and an established presence in a high-density residential area.

Empowered by a close-knit team of skilled and devoted professionals, our client has continued to cultivate a steadfast and diverse patient community over the course of a decade. This enduring commitment is a testament to their unwavering dedication to meeting the individual dental needs of every individual who enters their practice.

Highlights of this practice include:

  • Long, stable lease that includes the right of first refusal and has NO DEMOLITION CLAUSE!
  • ~800 patients seen in the last 12 months
  • 10-12 new patients per month
  • ~90% of patients are insured; the remainder are cash patients
  • Hygiene is ~45% of revenue
  • Currently not open any weekend hours; closes at 2 PM on Fridays

Additional Purchaser/Advisor Information:

  • A practice Profile will be provided within 48 hours of your request
  • An Open (by appointment only)
  • The full Appraisal will be available to qualified purchasers
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice

For more information or to schedule an appointment, please contact Amanda Kotchie, Sales Representative.

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