Ref# 5137
TORONTO
We are honored to represent our client’s legacy, showcasing 30 years worth of built-up goodwill in a much sought after affluent location in the heart of Toronto, ON. The opportunity to purchase this bespoke general dental office is an ideal prospect for any astute buyer.
Since this office’s inception (1995), the business has benefitted from the high-end area, surrounded by upscale shopping, cultivating an excellent base of approximately 850 active, high dental IQ patients. This office is in the 95th percentile in all key performance indicators: strong hygiene program, referred services, non-assignment and low AR. Annual production has grown organically to roughly $850,000 in 2024 with no marketing and operating on a compact schedule of Monday- Friday, 8-4.
Located in a busy professional building, this stunning office spans over 1,249 Sq Ft, housing three fully equipped operatories. The monthly rent is sensible at $30.00 per Sq. Ft (plus TMI), which in turn positively influences the cash earnings to roughly 45% of the production. The vendor wisely hired a lease consultant to negotiate the practice lease, which now perfectly aligns with the ground tenant: a world-renowned name brand that has occupied the current space for over two decades.
In line with the realities of downtown Toronto, this landlord includes a long-term demolition clause in all of the tenant leases. With this said, the fully leased building has been a timeless staple in this area, which points to lasting prosperity and sustainable profitability for this practice. The demolition clause is not active and, in the most unlikely of circumstances, can only be activated after 8 years. This will provide ample comfort to any institution looking to finance this opportunity.
If you are a dentist who values practicing in one of Canada’s most prestigious locations, in a beautiful and highly profitable dental office, then this practice presents an opportunity well worth considering.
Highlights Include:
- 850 High IQ active patients
- AAA location
- 90% of the patients have insurance
- 2024 production was approximately $850,000, cash earnings are 45% of production
- 46% of the production is hygiene based
- Non assignment practice with impeccable AR
- Owner is open to a healthy transitional period post close.
Additional Purchaser/Advisor Information:
- A practice profile and virtual tour will be available upon request
- An open will be held (by appointment only) on Sunday, March 30th, 2025
- The appraisal will be distributed by email request on Tuesday, April 1st, 2025
- Conditional offers must be submitted by Friday, April 11th, 2025, at 4:00PM
- 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, please contact Doron Aaron Eisenberg, Sales Representative.