Ref# 5167
Downtown Toronto
If you are looking to set up a practice in downtown Toronto and have an entrepreneurial spirit, ROI Corporation is pleased to offer this warm start as the perfect option.
Building an office in this market will easily cost up to $1 million as well as a substantial amount of time dedicated to overseeing the project.
Then, you need to invest more time and money to hopefully break even in 12 to 18 months.
To have a quick view of the clinic, please click here for a 30-second tour.
Highlights of this practice:
- Practice started in November 2023
- 3 Associates work in the practice
- 12 months’ gross production is approximately $263,000
- Hygiene is approximately 36%.
- A/R nominal
- 1 hygienist, 2 assistants and 1 receptionist
- 90 new patients per month
- 1,100 patients seen since opening
- Excellent lease – 2,043 sq. ft. – Current term 10 years with 2 x 5-year renewal, $10,000/month (500 residential units living above).
- There is a demo clause, but the landlord has postponed the entire term and renewals.
- 4 active ops and 2 plumbed and wired
Additional Purchaser/Advisor Information:
- Virtual Tour will be provided within 48 hours of your request
- A Confidential Open by appointment only will be hosted by Jackie Joachim on Sunday, December 1st
- Offers will be presented as received.
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.