Practices For Sale

Ref# 5200

Status: Sold

Location: Ontario

Gross Revenue: $2,303,340

Appraised Value: $3,623,190

Asking Price: $3,623,190

Cash Earnings: $1,055,390

Toronto

ROI Corporation is proud to present this premium dental practice located in one of Toronto’s most sought-after neighbourhoods.

Situated on a main arterial thoroughfare, this practice is on the ground floor of a bustling retail plaza which is populated by high-end tenants. This premier location enjoys impressive signage and offers all patients and staff free parking, a seldom-seen luxury in the city of Toronto, which has contributed to more than 40 new patients per month on average.

Generating an average monthly production of more than $191,000, the dedicated team of hygienists is complemented by a skilled group of associates completing 97% of the doctor production, with our client attending the practice on a very limited basis.

The modern facility is home to 5 fully equipped operatories. Occupying just over 1,950 square feet, the clinic houses consultation rooms, a sterilization area, a staff room and more.

This practice utilizes industry-leading technology, including fully digital charting using practice management software and a digital pan with Ceph.

Premise Lease security has become an increasingly important consideration in today’s market. The current lease has options extending until 2040, does NOT include any demolition or relocation provision and offers this practice exclusively in the plaza. This security of tenancy will give the future owner of this practice peace of mind for years to come.

This opportunity is an ideal purchase for an experienced hands-on owner-operator, a partnership, or an Investor Dentist™.

Highlights of this practice include:

  • Strong cash earnings exceeding $1,055,000/year
  • AAA Location
  • ~2,400 unique patients seen in the last 12  months
  • Oral and IV sedation permit already in place
  • 15 year lease with no demolition or relocation provision
  • All Associates on written contract

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided to qualified buyers within 48 hours of your request
  • A recorded presentation will be available to those who qualify
  • The practice appraisal will be available to all qualified purchasers
  • A Virtual Tour will be provided to qualified parties
  • 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 Nicholas Boyle, Sales Representative.

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