Ref# 5205
Midtown Toronto – (Sale of Goodwill Only)
We are pleased to present an exceptional opportunity to acquire the patient charts of a well-established general dental practice in the highly desirable Yonge and Eglinton area of midtown Toronto. Generating approximately $26,000 per month, with only a 16-hour work week. This asset sale offers an immediate revenue boost and a substantial increase in active patients—an intelligent and strategic move in today’s competitive market.
After a long and rewarding career, our client is stepping away from dentistry to enjoy a well-earned retirement. For over 45 years, this practice has had the privilege of serving multiple generations of families. Now, our client is eager to transition their valued patients to a practice seeking immediate production growth and long-term success.
This opportunity is ideal for established practice owners with the capacity to welcome a significant influx of new patients and recurring revenue by adding these conservatively treated patients. Don’t miss the chance to expand your patient base and enhance your practice’s profitability.
Our client will provide a mutually agreed-upon letter of introduction to inform patients of the new practice location and introduce the new dentist. The updated telephone number will also be shared to ensure patients can continue making their usual inquiries. The transition of patients from a traditional dentist to a more modern practice requires careful and considerate management.
Our Chief Executive Officer, Timothy Brown, offers extensive expertise and guidance on this process. This service will be provided at no charge to the successful acquirer of the patient base. For those seeking a deeper understanding of why a tangible asset offering is more advantageous from a tax shield perspective, please reach out to Timothy Brown at timothy@roicorp.com.
Opportunities like this are rare; act now to secure this seamless path to growth.
Highlights include:
- Average monthly collections of roughly $26,000/month, with only a 16-hour workweek
- 80% of patients have insurance and no social service patients
- Excellent accounts receivable
- Some services referred out can be kept in-house for the next owner
- Buyer-friendly asset sale
- Approximately 600 patients
Additional Purchaser/Advisor Information:
- A Highlights Booklet will be available within 24 hours of your request
- Conditional offers can be submitted at any time. 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.