Practices For Sale

Ref# 5081

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $1,368,353

Appraised Value: $2,199,780

Asking Price: $2,199,780

Cash Earnings: $688,251

Toronto, Ontario

ROI Corporation proudly presents a profitable general practice which has been established and situated in one of the most desirable communities in Toronto, Ontario for over 26 years.

Generating an average monthly production of more than $118,000, this practice is serviced by an experienced and efficient hygiene team, which produces 46% of the dental fees.

This stunning, professionally decorated facility spans 1,500 sq. ft. and is home to four fully equipped operatories, a modern sterilization area, a staff room, a private office, and more.

Remarkably the office is only open 3.5 days per week and refers out a significant number of services each month, any purchaser willing to open another day or two will easily realize the opportunity to increase revenue.

Just under 6 years ago this practice moved to its current street front, high exposure location. The clinic has benefited from the move and convenient location, which is part of the reason it continues to grow and flourish.  Our client creates a patient-focused experience that has resonated with the community.

A strong lease with no demolition of relocation clauses contains renewal options extending until 2037 providing security of tenancy for many years to come.

After a rewarding career, our client is ready to slow down and give stewardship of this fantastic practice to another practitioner. Our client is willing to stay on for a transition period, further ensuring a seamless transition and the purchaser’s success.

This is truly an exceptional opportunity for any dentist to purchase a beautiful, established and profitable practice that is poised for growth.

Highlights of this practice include:

  • Annual cash earnings of more than $688,000
  • 46% of revenue is produced by hygiene.
  • Secure lease, with no demolition or termination clauses and renewal options extending to 2037.
  • Employees are on a written agreement.
  • Vendor willing to transition.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed to qualified purchasers
  • Offers must be submitted on or before June 7th, 2024
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Our vendor is looking to close this practice sale Friday, August 9th 2024

 

For more information or to schedule an appointment, please contact Nicholas Boyle, Sales Representative.

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