Ref# 5195
East of GTA
This practice, located in a booming city half an hour east of Toronto, is a gem! The practice, which was built in 1990 and has been under current ownership since 1992, is situated in a stand-alone building at a busy intersection with great signage that is easily visible from the road. The practice has 3 operatories plus a Pan, but plenty of room exists for expansion. In 2,100 sq. ft. of space, there is also a business office, consult room, admin office, private office, and staff room, which could be converted to additional operatories. The lease runs to October 2037, with the current term to October 31, 2027.
While production in 2024 was $726K, consistent with previous years, this was done with only 2 days per week of dentistry because the owner has commitments to another practice in Toronto. There are two hygienists who provide 8 days of hygiene per week and contribute approximately 40% of the total production. There are approximately 800 active patients and no evening or weekend hours.
This is a family practice, voted the Best Dental Clinic in Durham County. While many procedures are done in house, many are also referred out, particularly for endo, perio, oral surgery and ortho. A periodontist attends the practice one day per month. Other highlights of this practice include:
- Paperless
- Digital radiography with sensors
- Abeldent software
- A/R well managed
With so much opportunity to take a good, established practice and expand it, the possibilities are endless. A good practice will only get better under new, committed ownership. Conditions of this sale are as follows:
- A profile of the practice will be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement.
- An Open will be held, by appointment only
- A complete appraisal of the practice and will be provided to interested applicants who register for the Open 2 days prior to the Open
- Offers will be due not later than Friday, March 8th
- The vendor’s preferred closing date is not later than April 30, 2025