Ref# 5060
Toronto
ROI Corporation is delighted to represent this exceptional office located in downtown Toronto.
There are 3 types of owners who would be a great fit for this office:
- The first, is an investor – under our client, this clinic has always been associate-driven.
- The second type of owner is one who enjoys offering the type of procedures currently referred out. As such, a visit to the practice for 3 to 5 days each month is realistic.
- Finally, the third ideal owner is one who wants to work full time in the practice.
Our client is the owner of multiple locations and is choosing to exit practice ownership to pursue other business ventures.
Located in approximately 1,500 square feet this beautiful office consists of 7 well-equipped operatories, sterilization area, private office, business office, lab and staff room.
The Pre-Screening Process:
- Upon receiving your request for more information, a buyer application will be sent for your completion.
- Interested buyers will have a private one-on-one interview with Jackie Joachim, Chief Operating Officer, and must submit a completed application prior to or during the interview.
- Qualified buyers will also be asked to provide confirmation from their lender supporting capability to qualify for financing at this level. We are aware that a lender cannot give a blanket authorization but can at least provide comfort in allowing us to know this transaction can be completed.
Highlights of this practice include:
- Gross Revenue is just under $3,700,000 with cash earnings of $2,046,537
- EBITDA is ~1,166K with purchase price representing 6x
- Strong lease with exclusivity and no demolition clause
- ~80 new patients per month
- Most patients have comprehensive dental insurance
- 5 Associates and 2 hygienists
- Fully digital using Tracker software