Practices For Sale

Ref# 5083

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $932,239

Appraised Value: $1,458,130

Asking Price: $1,460,000

Cash Earnings: $473,552

Etobicoke

ROI is delighted to represent this custom-built dental practice situated in a retail/residential development. Built in 2017, this 5-operatory practice occupies nearly 2,000 sq. ft. of space. The vendor wanted the space to capture the high-end client care and top technologies in the dental space.

Located on the ground floor of the building, there is a healthy flow of both vehicle and pedestrian traffic. Surrounding the practice is a dense residential area with beautiful green spaces. The practice welcomes ~35 new patients per month and has no sign of slowing down as the neighbourhood continues to grow.

The current lease term runs until 2027 and offers 2 x 5-year renewal options. Although the building was built only 7 years ago, the premise lease does contain a demolition clause.

The vendor and staff split their time between this practice and listing #5084. Our client is looking to relocate and is selling their two practices.  The practices could be sold separately or in tandem.

Highlights of this practice include:

  • Built in 2017 with high quality equipment and finishes
  • ~1,097 active patients attended the practice in the last 24 months
  • Open 3-4 days per week
  • Utilizes Dentrix software
  • 5-operatories in nearly 2,000 sq. ft. of space

Additional Purchaser/Advisor Information:

  • A Practice Profile & Virtual Tour will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • Offers must be submitted on or before Friday, June 7th
  • 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 Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

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