Practices For Sale

Ref# 5044

Status: Updated

Location: Ontario

Gross Revenue: $384,096

Appraised Value: $744,080

Asking Price: $500,000

Cash Earnings: $141,846

Toronto – Previously listed as REF# 4826

This practice is located in a vibrant, high-density area near Yonge and Bloor in Toronto. Several new, high-rise condominium developments are in progress in the neighbourhood. The practice itself occupies the lower level of a condominium building.

The practice consists of 2,000 sq. ft., with 4 plumbed operatories, only 2 of which are presently equipped. There is no Pan, but there is a designated location for one, and radiography is digital, with sensors.

Although production is approximately $400K per year, the owner does the hygiene, works a very relaxed schedule with no evening or weekend work, and does not do any marketing. She is ready to retire for health reasons.

The condominium unit is also for sale, and the vendor will consider taking back a mortgage for less than bank financing — no landlord to worry about. The appraised value of the real estate is $1,520,000. The practice is being offered for sale at well below the appraised value to encourage a prompt sale. This practice offers vast potential for quick growth, and locations do not get any better than this.

Come on, buyers, what are you waiting for? A prime location, a practice with tremendous growth prospects offered at below appraised value and the opportunity to own the real estate with financing provided by the vendor at a below market rate. It doesn’t get any better than this.

For more information about this opportunity, to request the practice appraisal, or to book an appointment to see the practice, contact Bill Alton.

Additional Purchaser/Advisor Information:

  • A Confidential Open (by appointment only)
  • The condominium must be purchased with practice.
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

For more information or to schedule an appointment, please contact Bill Alton, Sales Representative.

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