Practices For Sale

Ref# 5064

Status: Available

Location: Ontario

Gross Revenue: $636,184

Appraised Value: $1,071,740

Asking Price: $1,100,000

Cash Earnings: $233,284

Central Toronto

ROI Corporation is proud to present this excellent opportunity for a new owner. The new owner will benefit from an asset sale, which rarely happens in today’s market.

Opened in 2019, this office has 2 operatories with an additional 2 plumbed, creating room for 4. Just under 1,500 square feet, this beautifully designed office is located in a store front premise.   The current lease ends in 2029 with 2 additional 5-year terms. The office has exclusivity but does have a demolition clause. Demolition clauses are common in downtown Toronto. With all the new building in the area, moving a practice is always an option if required.

Located in a well-established and trendy neighborhood, the practice draws 16 new patients monthly with minimal advertising. The demographics of the office consist of patients who are primarily under 40. Over the last twenty years, the area has been at the forefront of Toronto’s condominium boom. It is popular with young professionals and is one of the most popular neighbourhoods in the city, with residential prices reflecting that demand.

The practice offers bread-and-butter dentistry with 1 associate and a hygienist. A new owner will take this clinic to the next level with a good marketing plan and being available to book same day dentistry. Billing approximately $700k with approximately 1,000 active patients in the past 24 months provides an excellent foundation for further success.

Highlights of this facility include:

  • 2 fully equipped operatories with additional 2 plumbed
  • Business office, and Staff room/lab
  • Assignment with excellent collection policy
  • Tracker software and Recall Max
  • Located in a highly visible storefront location
  • Setup is fully digital (charting & x-rays)

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed to qualified purchasers
  • 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 Walker, Sales Representative.

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