Practices For Sale

Ref# 5157

Status: New

Location: Ontario

Gross Revenue: $1,144,524

Appraised Value: $1,637,610

Asking Price: $1,650,000

Cash Earnings: $675,324

North York

It is a rare honour to represent a practice that has been a staple in the community for over 60 years! This family dental practice offers a wide variety of services thanks to the skillsets of the vendors & associate dentists.

Open 5 days a week, there is plenty of potential to grow the practice hours further as the patient base demands. Approximately 1,335 patients were seen in the last 24 months. Thanks to a sophisticated marketing plan, the dental team welcomes approximately 40 new patients per month.

Spanning ~1,300 sq. ft., this 4-operatory practice is efficiently laid out and equipped to provide an excellent experience for the patients & staff. Natural light can be found in every operatory. The current lease term runs until 2028, and the future success of this practice is secured by the 2 x 5-year renewal options. There is no demolition clause in the current lease.

Highlights of this practice include:

  • 4 operatories in ~1,300 sq. ft.
  • 5 days of hygiene per week generates ~25% of gross
  • Assignment practice with ~90% insured patients
  • Fully digital using Paradigm software
  • High-density growth area

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, October 27th
  • The Appraisal will be distributed on or before Tuesday, October 29th
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • Offers must be submitted on or before Friday, November 15th
  • 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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