Ref# 5147
Scarborough
ROI Corporation is pleased to present to you the unique opportunity to acquire a well-established dental practice in a redeveloping community. This practice is situated in a high-density residential area, with easy access to public transit and ample parking.
Our client owns this unit and the neighboring unit, and with the plaza currently experiencing vacancies, developers are knocking. Knowing this, the new owner will receive a 5-year lease demolition free, with a further 5-year renewal option (with option to terminate for both parties before renewal) demolition free.
Several condominium units and ground floor retail spaces are currently in development within walking distance of this plaza, with space that will likely be available to rent and/or purchase in the coming years.
We highly recommend you as a new owner pursue this opportunity for multiple reasons:
- When you purchase a dental practice, you’re not just acquiring a business; you’re investing in an asset that grows in value. With the right approach, you can build equity quickly by improving the practice’s performance, expanding its patient base, and increasing profitability.
- You will have the opportunity to take your established patient base to an upgraded facility, designed with efficiencies tailored to your specific needs. A fresh, updated space can attract new patients, boost your brand image, and make your practice more competitive.
Highlights of this practice include:
- 8-10 patients are referred out each month for specialty services such as endodontics, oral surgery, and orthodontics, providing opportunities for growth
- Computer systems for appointment scheduling, recall systems, and insurance claims, ensuring efficient practice management
- Room to expand both in service offerings and in space, including additional specialties or extended hours, while being a fully equipped, operating practice with no immediate need for capital investment
- Ground-floor office with a storefront design, featuring a functional and patient-friendly layout. Eye-catching signage on the building façade, window, and company vehicle, enhancing visibility
Additional Purchaser/Advisor Information:
- A practice profile will be provided within 24 hours of your request
- The Appraisal will be available to interested parties
- Offers will be presented as they are received
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice